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.
Manufacturing (26 - 27) Manufacture of electrical, electronic and optical products 27 - Manufacture of electrical equipment 27 - Manufacture of electrical equipment
137 jobs Number of planned job losses
Announcement Date
7 February 2003
Employment effect (start)
1 February 2003
Foreseen end date
1 February 2003
Description
137 persons are expected to be dismissed as a result of the bankruptcy of TVAB. More information has not been published yet. An official receiver has been appointed with the objective of saving the company.
Citation
Eurofound (2003), TVAB, Bankruptcy in Sweden, factsheet number 59256, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59256.