Type
Bankruptcy
Country
Germany
Region
Location of affected unit(s)
Sector
Transportation / Storage
Land, Water And Air Transportation
Land Transport And Transport Via Pipelines
49.41 - Freight transport by road

750 jobs
Number of planned job losses
Job loss
Announcement Date
3 May 2012
Employment effect (start)
1 May 2012
Foreseen end date

Description

On 3 May 2012, Handelsblatt announced the closure of German haulage company Spedition Schüchen International. Schüchen filed for insolvency in May. The bankruptcy affects up to 750 employees, who are currently employed at 10 sites in Germany. The company has also subsidiaries in Austria and the Czech Republic.


Sources

  • 3 May 2012: Handelsblatt

Citation

Eurofound (2012), Spedition Schüchen International, Bankruptcy in Germany, factsheet number 73531, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/73531.