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.
Following the closure of Target Express, one of Ireland's road haulage companies, 398 jobs were lost when it ceased operations on August 27th.
The managing director attributed the closure to what he termed the hardline position adopted by the Revenue Commissioners in relation to outstanding financial liabilities.
The Revenue Commissioners declined to comment on the case.
Eurofound (2012), Target Express, Bankruptcy in Ireland, factsheet number 74094, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/74094.