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.
Wholesale / Retail 47 - Retail trade 47.8 - Retail sale of motor vehicles, motorcycles and related parts and accessories 47.8 - Retail sale of motor vehicles, motorcycles and related parts and accessories
500 jobs Number of planned job losses
Announcement Date
9 October 2009
Employment effect (start)
1 April 2009
Foreseen end date
8 October 2009
Description
In March 2009, Dutch car dealer Kroymans went bankrupt. For several months it was unclear how many employees would lose their jobs. On 8 October 2009, the receiver announced that over half of the 1,000 employees could remain in employment through the sale of parts of the company, while the other 500 will lose their job.
Sources
9 October 2009: Het Financieele Dagblad
Citation
Eurofound (2009), Kroymans, Bankruptcy in Netherlands, factsheet number 69783, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/69783.