Type
Bankruptcy
Country
Netherlands
Region
Location of affected unit(s)
Eindhoven, Rotterdam
Sector
Construction
Specialised Construction Activities
Specialised Construction Activities
43.2 - Electrical, plumbing and other construction installation activities

128 jobs
Number of planned job losses
Job loss
Announcement Date
26 September 2013
Employment effect (start)
27 September 2013
Foreseen end date

Description

On 25 September 2013, construction company Envo was declared bankrupt; the measure will result in the loss of 128 jobs. The receiver is trying to find a buyer for at least part of the activities. The crisis in the construction sector is probably the trigger of Envo's bankruptcy.


Sources

  • 26 September 2013: Het Financieele Dagblad

Citation

Eurofound (2013), Envo, Bankruptcy in Netherlands, factsheet number 75913, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/75913.