Resocub

Type
Bankruptcy
Country
Belgium
Region
Vlaams Gewest; Prov. Oost-Vlaanderen; Arr. Aalst
Location of affected unit(s)
Erembodegem
Sector
Manufacturing
(31) Manufacture of furniture
31 - Manufacture of furniture
31 - Manufacture of furniture
113 jobs
Number of planned job losses
Job loss
Announcement Date
5 February 2004
Employment effect (start)
1 February 2004
Foreseen end date
1 February 2004

Description

Resocub, kitchen and bathroom furniture manufacturer, has gone bankrupt. 113 workers are made redundant at the site of Erembodegem. Unions said that the bankruptcy was unavoidable since the company has not made any profit for the past 5 years.

Sources

  • 5 February 2004: Les Echos

Citation

Eurofound (2004), Resocub, Bankruptcy in Belgium, factsheet number 60040, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60040.