Type
Bankruptcy
Country
France
Region
Est; Lorraine; Moselle
Location of affected unit(s)
Hambach
Sector
Information / Communication
Publishing Of Information; Production And Programming Of Audiovisual
Publishing Activities
58 - Publishing activities

109 jobs
Number of planned job losses
Job loss
Announcement Date
10 April 2012
Employment effect (start)
23 April 2012
Foreseen end date
30 April 2012

Description

On 10 April 2012, the Commercial Court of Sarreguemines (Moselle) decided on the liquidation of Hollmann (109 employees), specialized in the printing of catalogues. As there were no buyer for the plant and despite the fact that the order book was healthy, the Court ordered the liquidation due to the fact that Hollmann mother's company, the German printer Schlott (2400 employees in Europe) was placed in receivership in May 2011. The 109 employees will be dismissed by the end of April.


Sources

Citation

Eurofound (2012), Hollmann, Bankruptcy in France, factsheet number 73437, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/73437.