The company is at high risk of liquidation, which would have a far-reaching negative economic and social impact in the different regions where it operates, the Government Communication Office (UKOM) wrote in a press release.

The six-month guarantee, starting from the date of the transfer of funds, is based on an agreement on the restructuring of Cimos signed by Economy Minister Stanko Stepišnik on 14 May.

Under the agreement, a recapitalisation of about EUR 40m is then to be agreed within the next few months, while Cimos will also need to strike a deal with creditor banks on the reprogramming of loans and lowering of interest rates.

The group around the troubled car parts maker generated a net loss of almost EUR 98m in 2012, with the core company's net loss accounting for EUR 74m.