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 (18) Printing and reproduction of recorded media 18 - Printing and reproduction of recorded media 18 - Printing and reproduction of recorded media
115 jobs Number of planned job losses
Announcement Date
10 June 2009
Employment effect (start)
1 July 2009
Foreseen end date
31 August 2009
Description
The printing company Verheyen Graphics, located in Deurne, Flanders, was declared bankrupt, which led to the loss of 115 jobs. The company made some important investments over the last few years but the economical crisis did not allow the company to gain from these investments, which led to important financial difficulties.
Sources
10 June 2009: De Tijd
Citation
Eurofound (2009), Verheyen Graphics, Bankruptcy in Belgium, factsheet number 69500, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/69500.