Type
Bankruptcy
Country
Sweden
Region
Västsverige; Västra Götalands län;
Location of affected unit(s)
Tidaholm, Falköping
Sector
Manufacturing
Manufacture Of Basic Metal And Fabricated Metal Products
Manufacture Of Basic Metals
24 - Manufacture of basic metals

275 jobs
Number of planned job losses
Job loss
Announcement Date
14 August 2013
Employment effect (start)
14 August 2013
Foreseen end date

Description

Swedish metal manufacturing company Arkivator has filed for bankruptcy and thereby given notice to all its 275 employees at the factories in Tidaholm and Falköping. 

The reason for the bankruptcy is a debt of 40 million SEK that the company has been unable to pay. For information on previous restructurings see Arkivator-SE2013a and Arkivator-SE2008.


Sources

  • 14 August 2013: Dagens Industri

Citation

Eurofound (2013), Arkivator, Bankruptcy in Sweden, factsheet number 75773, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/75773.