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.
Manufacturing (24 - 25) Manufacture of metals 25 - Manufacture of fabricated metal products, except machinery and equipment 25 - Manufacture of fabricated metal products, except machinery and equipment
160 jobs Number of planned job losses
Announcement Date
3 March 2009
Employment effect (start)
3 March 2009
Foreseen end date
3 March 2009
Description
Omar Homes, a manufacturer of holiday homes, has gone into administration in Brandon in Suffolk with the immediate loss of 160 jobs. 40 of the 200 staff will remain at the company as they attempt to find a buyer. The company has gone into administration as it has been unable to meet the demands of its creditors.
Sources
3 March 2009: BBC News
Citation
Eurofound (2009), Omar Homes, Bankruptcy in United Kingdom, factsheet number 68450, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/68450.
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