Mekonomen

Type
Closure
Country
Denmark
Region
Danmark;
Location of affected unit(s)
Sector
Wholesale / Retail
47 - Retail trade
47.8 - Retail sale of motor vehicles, motorcycles and related parts and accessories
47.82 - Retail sale of motor vehicle parts and accessories
300 jobs
Number of planned job losses
Job loss
Announcement Date
16 December 2014
Employment effect (start)
16 December 2014
Foreseen end date
28 February 2015

Description

Nordic spare-parts chain group Mekonomen announced plans to close all its 25 stores, along with the regional warehouse and head office in Denmark. 300 jobs are to be lost. As mentioned, the restructuring will take place by the start of 2015 and is in response to tough competition resulting in pressure on prices in the Danish market.

Sources

  • 16 December 2014: fyens.dk
  • 16 December 2014: Mekonomen (Press Release)
  • 16 December 2014: Business.dk

Citation

Eurofound (2014), Mekonomen, Closure in Denmark, factsheet number 78008, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/78008.