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.
Construction Construction Of Buildings And Infrastructure Engineering Construction Of Buildings 41 - Construction Of Buildings
550 jobs Number of planned job losses
Announcement Date
7 January 2025
Employment effect (start)
7 January 2025
Foreseen end date
Description
The construction company Serneke has filed for bankruptcy and announced that 550 employees will be laid-off. The laid-off staff will be covered by state wage guarantee.
All of the company’s ongoing constructions projects, spanning all across Sweden, have been stopped. These include projects of societal significance, such as a sewage treatment plant and a health care centre.
Serneke is a Swedish construction company and had approximately 750 employees in 2023. In November 2024, the German holding company Mutares acquired Serneke but has not managed to balance the company’s economy. The bankruptcy was filed only six weeks after the acquisition took place.
Eurofound (2025), Serneke, Bankruptcy in Sweden, factsheet number 202156, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/202156.
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