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.
Construction company MBM-Stav is bankrupt and will make all of its 200 workers in Namestovo redundant.
According to the management, the bankruptcy can be attributed in large parts to the previous insolvency of TSS Grade, a main debtor of MBM, that entailed a large debt write-off.
Eurofound (2014), MBM - Stav, Bankruptcy in Slovakia, factsheet number 76450, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/76450.