Omnia, a traditional Slovak steel component manufacturer employing 170 people, has filed for court protection from creditors due to mounting debts. The company has been impacted by declining demand from the automotive industry, the relocation of bearing production to China, and increasing operational costs. Over recent years, Omnia’s workforce has been halved, and it now relies heavily on state-backed loans for funding. The move follows recent factory closures of foreign investors Mata and Askoll, drawing criticism from the opposition regarding government handling of industrial decline. Omnia’s situation highlights broader challenges facing Slovak manufacturing. The company’s future now hinges on successful debt restructuring and potential market recovery. This case underscores vulnerabilities within the automotive supply chain.