Restructuring events
European Restructuring Monitor (ERM)
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.
Building contractor MJN Colston in Thornaby has gone into administration making 148 employees redundant. The bankruptcy is blamed on a decline in business activities.
The administrators are currently seeking a buyer for the business and its assets.
Eurofound (2012), MJN Colston, Bankruptcy in United Kingdom, factsheet number 73162, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/73162.