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 Construction Of Buildings And Infrastructure Engineering Construction Of Buildings 41.2 - Construction of residential and non-residential buildings
110 jobs Number of planned job losses
Announcement Date
17 August 2015
Employment effect (start)
Foreseen end date
Description
The construction company, Byggcompagniet, has filed for bankruptcy. The company, which is one of Malmö's largest construction companies, employs over a hundred workers, all of whom are now facing unemployment. In addition, many of Byggcompaniet's subcontractors are likely to feel the effects of the bankruptcy and might also have to cut costs through staff reductions. Several construction projects have now come to a standstill.
Sources
13 August 2015: Sveriges Radio
Citation
Eurofound (2015), Byggcompagniet, Bankruptcy in Sweden, factsheet number 84515, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/84515.
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