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 Henrik Andersson Bygg, or HA Bygg as it is mostly referred to, declared bankruptcy on November 11th. This followed a long period of stagnation in the construction industry due to high interest rates and reduced demand.
The ripple effects of this bancruptcy is affecting several other companies that worked as subcontractors for the construction company, which have outstanding and unpaid invoices. The company Oscar Hanson VVS, for example, has a claim of over SEK 800 thousand (about € 70,000)
Eurofound (2024), Henrik Anderssons Byggnads, Bankruptcy in Sweden, factsheet number 202271, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/202271.