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.
SpeedFerries, a company which operated ferry services from Dover to Boulogne, is to be wound up with the loss of 100 jobs. The company had gone into administration in early November 2008, but no buyer has been found. According to the BBC, A statement from the administrator, Ernst & Young, stated that ‘The majority of employees were today made redundant and the joint administrators will now look to wind down the business accordingly.’ As of 30 November 2008, it is not known when the remaining positions will be lost and the company closed.
Eurofound (2008), SpeedFerries, Closure in United Kingdom, factsheet number 67525, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/67525.