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 residential and non-residential buildings Construction of residential and non-residential buildings 41.00 - Construction of residential and non-residential buildings
160 - 170 jobs Number of planned job losses
Announcement Date
11 November 2024
Employment effect (start)
11 November 2024
Foreseen end date
Description
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://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/202271.
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