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.
Administrators of the construction company Rok announced on 11 November 2010 the closure of its Devon-based and Scottish plants that will result in the loss of 979 staff. The announcement follows Rok's report of £3.8m losses for the first half of the year. Most of the losses (558) are going across Rok's maintenance and improvements business. A further 82 redundancies are being made in the construction division, 69 in the Scotland plumbing business and two in Rok's Exeter office. 30 jobs will go in Inverness, 74 in Dundee, 28 in Elgin, 19 in Thurso and 17 in Fort William.
Update on 15 November 2010: Rok announced the loss of 87 further jobs following the closure of its Inverness operations.
Update on 22 November 2010: Rok announced that the total job losses will amount to 2,800.
Eurofound (2010), Rok, Closure in United Kingdom, factsheet number 71174, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/71174.