SEOP Obras y Proyectos

Type
Bankruptcy
Country
Spain
Region
Comunidad de Madrid; Comunidad de Madrid; Madrid
Location of affected unit(s)
Madrid
Sector
Construction
41 - Construction of residential and non-residential buildings
41 - Construction of residential and non-residential buildings
41 - Construction of residential and non-residential buildings
300 - 440 jobs
Number of planned job losses
Job loss
Announcement Date
9 April 2008
Employment effect (start)
1 May 2008
Foreseen end date

Description

Construction company SEOP filed for bankruptcy with a Madrid trade court and announced a collective dismissal procedure that will affect 40% of their 1100 workers

Sources

Citation

Eurofound (2008), SEOP Obras y Proyectos, Bankruptcy in Spain, factsheet number 66502, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/66502.