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.
Rudolph and Hellmann Logistics have announced 121 job losses at its Groveley Lane site in Longbridge. The logistics firm that stored and shipped out parts to MG Rover dealers has closed following the collapse of the car maker. Graham Bushby, one of the joint administrators, said that after trying to find a way to keep the business going the directors had no choice but to make the company insolvent after the collapse of its major customer, MG Rover.
Eurofound (2005), Rudolph and Hellmann Logistics, Bankruptcy in United Kingdom, factsheet number 61476, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61476.