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 Chemicals And Pharamceuticals Manufacture Of Chemicals And Chemical Products 20.4 - Manufacture of soap and detergents, cleaning and polishing preparations, perfumes and toilet preparations
80 jobs Number of planned job losses
Announcement Date
3 November 2008
Employment effect (start)
5 November 2008
Foreseen end date
Description
On 3 November 2008, Bodycare Group announced the bankruptcy of its subsidiary Cosmara in Amersfoort in The Netherlands, resulting in the loss of at least 80 jobs. The group produces shower- and bathing products. Factories in the UK and Hungary will be sold, but as of yet the consequences of this for employment are unknown. Bodycare was hit by rising prices of raw materials and the loss of a major customer in the UK.
Sources
4 November 2008: Het Financieele Dagblad
Citation
Eurofound (2008), Bodycare, Bankruptcy in European Union, factsheet number 67643, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67643.
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