Restructuring events
European Restructuring Monitor (ERM)
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.
Administrators Tenon Recovery took over Fruitful Fundraising (GB), Fruitful Fundraising (HR) and Fruitful Fundraising (Workplace) on 14 July 2004. Cameron Gunn, from the Administrators said that it was unfortunate that they had to make the very difficult decision to make all 800 staff redundant on the day of their appointment. This was because 'there were insufficient funds to pay the arrears [of their wages].'
Eurofound (2004), Fruitful Fundraising, Closure in United Kingdom, factsheet number 60487, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60487.