Type
Bankruptcy
Country
Belgium
Region
Vlaams Gewest; Prov. Antwerpen; Arr. Antwerpen
Location of affected unit(s)
Deurne
Sector
Manufacturing
Manufacture, Printing And Reproduction Of Recorded Media
Printing And Reproduction Of Recorded Media
18 - Printing and reproduction of recorded media

115 jobs
Number of planned job losses
Job loss
Announcement Date
10 June 2009
Employment effect (start)
1 July 2009
Foreseen end date
31 August 2009

Description

The printing company Verheyen Graphics, located in Deurne, Flanders, was declared bankrupt, which led to the loss of 115 jobs. The company made some important investments over the last few years but the economical crisis did not allow the company to gain from these investments, which led to important financial difficulties.


Sources

  • 10 June 2009: De Tijd

Citation

Eurofound (2009), Verheyen Graphics, Bankruptcy in Belgium, factsheet number 69500, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69500.