Type
Bankruptcy
Country
Netherlands
Region
West-Nederland; Noord-Holland; Groot-Amsterdam
Location of affected unit(s)
Sector
Construction
Construction Of Buildings And Infrastructure Engineering
Construction Of Buildings
41 - Construction of buildings

120 - 170 jobs
Number of planned job losses
Job loss
Announcement Date
26 May 2009
Employment effect (start)
Foreseen end date

Description

The bankruptcy of construction company Hillen & Roosen was announced on 26 May 2009. It is foreseen that the majority of its 220 employees will be dismissed. In 2007 the company had been found responsible for serious building errors during a construction project.

Update: On 9 June 2009, the company announced that it would recommence activities with 50-60 employees.


Sources

  • 29 May 2009: Het Financieele Dagblad

Citation

Eurofound (2009), Hillen & Roosen, Bankruptcy in Netherlands, factsheet number 69039, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69039.