Type
Bankruptcy
Country
France
Region
Nord - Pas-De-Calais; Nord;
Location of affected unit(s)
Marcq-en-Barœul
Sector
Retail
Retail Trade, Except Of Motor Vehicles And Motorcycles
Retail Sale Of Other Household Equipment In Specialised Stores
47.59 - Retail Sale Of Furniture, Lighting Equipment And Other Household Articles In Specialised Stores

134 jobs
Number of planned job losses
Job loss
Announcement Date
6 November 2024
Employment effect (start)
6 November 2024
Foreseen end date
1 January 2025

Description

Oskab, a French company specializing in kitchen and bathroom installations, has officially entered bankruptcy and will be closing its doors near Marcq-en-Barœul, resulting in the loss of 134 jobs.

After spending the past year in receivership, Oskab ultimately failed to attract any potential buyers. Despite the impending shutdown, the company worked diligently to fulfill all outstanding orders to honor commitments to its customers. However, a combination of economic challenges such as the ongoing housing crisis and war in Ukraine, made it increasingly difficult for Oskab to sustain operations.


Sources

Citation

Eurofound (2024), Oskab , Bankruptcy in France, factsheet number 201888, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/201888.