Type
Bankruptcy
Country
Netherlands
Region
Oost-Nederland; Overijssel; Twente
Location of affected unit(s)
Haaksbergen
Sector
Construction
Construction Of Buildings And Infrastructure Engineering
Civil Engineering
42 - Civil engineering

177 jobs
Number of planned job losses
Job loss
Announcement Date
7 December 2011
Employment effect (start)
7 December 2011
Foreseen end date

Description

On 7 December 2011, construction company Teha was declared bankrupt. All 127 employees plus 50 temporary workers were dismissed by the receiver.

Several firms have shown interest in taking over parts of the firm, which might result in rescuing some of the jobs. Background of the bankruptcy is the severe crisis that has hit the construction sector.


Sources

  • 9 December 2011: Het Financieele Dagblad
  • 10 December 2011: www.tctubantia.nl

Citation

Eurofound (2011), Teha, Bankruptcy in Netherlands, factsheet number 72900, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/72900.