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.
Budget DIY, which has six stores across Northern Ireland, has gone into administration and up to 200 jobs are at risk. The company supplied value home improvement products.
The news was broken to staff on 24 November 2006, late in the afternoon. The administrators are expected to make a statement on the future of the stores on Monday, 27 November 2006.
Eurofound (2006), Budget DIY, Closure in United Kingdom, factsheet number 64503, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/64503.