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.
Dumfries-based construction firm R&D Construction has announced that it is to make 205 people redundant as the company called in administrators Ernst & Young. The remainder of the workforce is being retained on a short-term basis. Initial concerns about the firm's future emerged a week ago when wage payments were delayed, staff were told not to report to work on Monday 4th April.
Eurofound (2011), R&D Construction, Closure in United Kingdom, factsheet number 71848, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/71848.