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.
Manufacturing Manufacture Of Basic Metal And Fabricated Metal Products Manufacture Of Fabricated Metal Products, Except Machinery And Equipment 25 - Manufacture of fabricated metal products, except machinery and equipment
180 - 208 jobs Number of planned job losses
Announcement Date
15 October 2008
Employment effect (start)
Foreseen end date
Description
Best Value Conservatories, a manufacturer of conservatories based at Peterlee in County Durham, has gone into administration. 180 of the 208 people employed at the company have been made redundant with immediate effect. As of 19 October 2008 it is not know if or when these remaining 28 staff will be made redundant. The company blamed its closure on falling sales.
Sources
15 October 2008: BBC News
Citation
Eurofound (2008), Best Value Conservatories, Closure in United Kingdom, factsheet number 67249, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67249.
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