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.
The commercial court pronounced the bankruptcy of this company specialised in the installation of cables. If a candidate for takeover pays the debts, between 80 and 100 jobs could be maintained.
Sources
17 January 2004: Les Echos
Citation
Eurofound (2004), Raemdonck, Bankruptcy in Belgium, factsheet number 59628, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59628.