Type
Bankruptcy
Country
United Kingdom
Region
Location of affected unit(s)
Sector
Construction
Construction Of Buildings And Infrastructure Engineering
Civil Engineering
42 - Civil engineering

100 jobs
Number of planned job losses
Job loss
Announcement Date
25 July 2011
Employment effect (start)
Foreseen end date

Description

London-based building company HSE Group has fallen into administration with the loss of 100 jobs. Six of the group's seven subsidiaries have ceased trading, but its building services business claims it is close to completing a management buy-out that could save the business and around 120 jobs. As of October 2011 there is no further information on the case.


Sources

  • 25 July 2011: Building

Citation

Eurofound (2011), HSE Group, Bankruptcy in United Kingdom, factsheet number 72521, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/72521.