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.
Professional Services Scientific, Architectural And Engineering Technical Activities Architectural And Engineering Activities; Technical Testing And Analysis 71.12 - Engineering activities and related technical consultancy
125 jobs Number of planned job losses
Announcement Date
15 September 2016
Employment effect (start)
Foreseen end date
Description
Swedish technical consultant GVA is disbanding all activity in Sweden following decreased demand from the Oil and offshore industry. KBR, the owner of GVA, has made the decision to disband the Swedish branch on GVA. GVA employees have been made redundant through three different processes during the year. In total 125 employees are made redundant and GVA are now closing all operations in Sweden. The GVA-trademark will continue to exist through a branch in Houston, USA.
Sources
15 September 2016: Göteborgsposten ()
Citation
Eurofound (2016), GVA, Closure in Sweden, factsheet number 88606, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/88606.
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