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.
Manufacturing (24 - 25) Manufacture of metals 24.5 - Casting of metals 24.5 - Casting of metals
134 jobs Number of planned job losses
Announcement Date
30 November 2012
Employment effect (start)
31 December 2012
Foreseen end date
30 June 2013
Description
The company BMTech, active in the processing of metals, was declared bankrupt. Consequently 134 jobs will be lost.
The company, which dates back to 1882, failed to find a new investor.
Sources
30 November 2012: RTBF.be
1 December 2012: La Libre
Citation
Eurofound (2012), BMTech, Bankruptcy in Belgium, factsheet number 74685, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/74685.