With the takeover, most analysts say the survival and development of the heavily indebted Gorenje will no longer be under threat, at least in the short term. But even though the Chinese promise to preserve all the jobs, the unions are still cautious.

In its takeover bid, the Chinese multinational Hisense has made a commitment that the headquarters of Gorenje will remain in Velenje, and that all the jobs, name of the company and Gorenje brands will be preserved. That's good news for the around 6,000 Gorenje workers in Slovenia, said the head of the Gorenje trade union, Žan Zeba.

Due to the relatively high takeover bid – which is 12 euros per share – there's hardly anyone who still doubts the success of the takeover. And as the Chinese investors plan to purchase a majority stake in the company, former economy minister, Matej Lahovnik, says it would be good if the state also sold its remaining 16-percent share in Gorenje, despite considering the company an important investment.

Unofficially, both the union and management have signed a deal on the content of the company's new collective agreement, which is already being examined by lawyers working on the takeover.