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.
Media Publishing activities Publishing of books, newspapers and other publishing activities, except software publishing 58.13 - Publishing of journals and periodicals
286 jobs Number of planned job losses
Announcement Date
5 September 2006
Employment effect (start)
4 September 2006
Foreseen end date
8 September 2006
Description
A printing company based in Norwich for almost 200 years is to close with the loss of 286 jobs. New Jarrold Printing went into administration in August after it had struggled financially since a management buy-in in 2004. Its largest customer, a publisher of colour magazines, has now cancelled contracts because of the uncertainty. Administrator Stephen Oldfield from Pricewaterhouse Coopers told staff on Monday night the company would close.
Sources
5 September 2006: BBC Website
Citation
Eurofound (2006), New Jarrold Printing, Closure in United Kingdom, factsheet number 64035, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/64035.
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