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.
Administrative Services Travel Agency, Tour Operator And Other Reservation Service And Related Activities Travel Agency And Tour Operator Activities 79.1 - Travel agency and tour operator activities
136 jobs Number of planned job losses
Announcement Date
12 February 2015
Employment effect (start)
5 February 2015
Foreseen end date
31 March 2015
Description
The Commercial Court of Paris has decided on the liquidation of the travel agency and tour operator, Euroservices, best known for its brand "Donatello." As a result, 136 employees will be dismissed. The company, which reached a turnover of €75 million in 2013, was placed in receivership in January 2015. The management received no takeover proposals since January as the tour operating business has been steadily decreasing over the years.
Sources
12 February 2015: Les Echos
5 February 2015: Tour mag
Citation
Eurofound (2015), Euroservices , Bankruptcy in France, factsheet number 78468, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/78468.
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