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.
Administrative Services Travel Agency, Tour Operator And Other Reservation Service And Related Activities Travel Agency And Tour Operator Activities 79.12 - Tour Operator Activities
300 jobs Number of planned job losses
Announcement Date
28 September 2023
Employment effect (start)
28 September 2023
Foreseen end date
31 December 2023
Description
Vacansoleil, a Dutch travel organisation with its headquarters in Eindhoven, the Netherlands, was declared bankrupt by the East Brabant District Court. As a result, all 300 employees will lose their job, reportedly by direct dismissal.
The Employee Insurance Agency UWV will take over the salaries of all employees for up to a maximum of 6 weeks after the bankruptcy. Vacansoleil, specialised in camping vacations for over 50 years, has been struggling with high debts from the past. The company is interested in a takeover or starting anew.
Sources
28 September 2023: Het Financieele dagblad (fd.nl)
Eurofound (2023), Vacansoleil, Bankruptcy in Netherlands, factsheet number 200338, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/200338.
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