Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
The construction company, Serneke plans to cut 100 positions in its operations in Stockholm, Helsingborg and Jönköping. The company has seen a decline in demand in the construction industry and is having financial problems. However, none of their ongoing construction contracts will be affected.
Due to the slowdown in the construction and real estate industry, the company is aiming for savings of SEK 120 million.
Serneke is a Swedish construction company employing over 1,000 people in Sweden.
Eurofound (2022), Serneke, Internal restructuring in Sweden, factsheet number 107719, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/107719.