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 Wood And Paper Materials Manufacture Of Paper And Paper Products 17.12 - Manufacture of paper and paperboard
251 jobs Number of planned job losses
Announcement Date
13 February 2010
Employment effect (start)
13 February 2010
Foreseen end date
Description
Bridgewater Paper Company has announced it is making 251 redundancies after going into administration. The company, based at Ellesmere Port in Cheshire, currently employs 300 staff, but will retain a skeleton staff of 49 to continue to fulfil customer orders from stock. Administrators from Ernst and Young hope to find a buyer and Tom Jack, joint administrator, thanked Andrew Miller, Labour MP for Ellesmere Port and Neston, the North West Development Agency and the trade union Unite for their support, all affected employees for their patience and support. No details were given regarding the date by which job losses are expected to be completed.
Sources
13 February 2010: BBC Website
Citation
Eurofound (2010), Bridgewater Paper Company, Bankruptcy in United Kingdom, factsheet number 70173, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/70173.
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