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.
Administrative Services Services To Buildings And Landscape Activities Cleaning Activities 81.29 - Other cleaning activities
180 jobs Number of planned job losses
Announcement Date
7 April 2012
Employment effect (start)
21 April 2012
Foreseen end date
1 May 2012
Description
On 6 April, the Commercial Court of Montpellier decided the liquidation of Belmonte (180 employees), a French company specialized in road cleaning and planning. The liquidation was due to the rising debt of the company. All the employees were dismissed within a period of 15 days after the court decision.
It is reported that a competitor operating in the north of France, JV Group (145 employees), plans to partially take over Belmonte and its 66 employees.
Sources
7 April 2012: Midi Libre
6 April 2012: Le Parisien
7 April 2012: France 3
Citation
Eurofound (2012), Belmonte, Bankruptcy in France, factsheet number 73505, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/73505.
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