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.
Swedish train operator BK Tåg has gone bankrupt on 29 March 2005 and will not be re-entering the passenger rail business. The freight unit will continue as usual. BK Tåg started business in 1990 as the first private Swedish franchise operator. BK Tåg's passenger unit has 150 employees and franchises in many parts of southern Sweden, which will cease unless a new operator is found by the end of April 2005.
Eurofound (2005), BK Tåg, Bankruptcy in Sweden, factsheet number 61349, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61349.