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.
Construction Specialised Construction Activities Specialised Construction Activities 43.33 - Floor and wall covering
100 jobs Number of planned job losses
Announcement Date
18 August 2018
Employment effect (start)
3 September 2018
Foreseen end date
Description
The company Gulventreprise Danmark, the largest company in Denmark within floor covering, went bankrupt on Thursday 16 August. It results in the closure of its sites in Brøndby and Kolding. The closure will cause 100 redundancies, 55 in Kolding and 45 in Brøndby. The direct reason for the closure is a deficit of DKK 18 million (€ 2.4 million). The employee representative expressed optimism for the redundant employees, as the floor business lacks employees with their competencies.
Sources
Citation
Eurofound (2018), Gulventreprise Danmark, Bankruptcy in Denmark, factsheet number 94794, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/94794.
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