Type
Bankruptcy
Country
Netherlands
Region
Zuid-Nederland; Limburg (NL); Zuid-Limburg
Location of affected unit(s)
Heijen
Sector
Manufacturing
Manufacture Of Basic Metal And Fabricated Metal Products
Manufacture Of Basic Metals
24.42 - Aluminium production

109 jobs
Number of planned job losses
Job loss
Announcement Date
24 July 2018
Employment effect (start)
1 September 2018
Foreseen end date

Description

Brabant Alucast, a metalproducing company, is closing and has resulted in the loss of jobs of all its 109 employees. Alucast first declared bankruptcy on 24 July 2018 but maintained hope that a buyer would relaunch and retain the employees. However, on 27 August, the company announced that negotiations on a potential relaunch were unsuccesful and the 109 employees were officially let go. 


Sources

Citation

Eurofound (2018), Brabant Alucast, Bankruptcy in Netherlands, factsheet number 95570, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/95570.