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.
London-based building company HSE Group has fallen into administration with the loss of 100 jobs. Six of the group's seven subsidiaries have ceased trading, but its building services business claims it is close to completing a management buy-out that could save the business and around 120 jobs. As of October 2011 there is no further information on the case.
Sources
25 July 2011: Building
Citation
Eurofound (2011), HSE Group, Bankruptcy in United Kingdom, factsheet number 72521, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/72521.