Restructuring events
European Restructuring Monitor (ERM)
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.
Electrical and mechanical installation company Richard Irvin has entered administration which will result in the loss of 107 jobs across Scotland. A total of 97 jobs will be lost in Aberdeen with the rest of the losses being spread across offices in Inverness, Dundee and Glasgow. The company's facilities management arm is being sold to a private investment business which will secure the continuation of 337 jobs. According to a statement from the administrators, the redundancy notices have already been served to workers.
Eurofound (2018), Richard Irvin, Bankruptcy in United Kingdom, factsheet number 96295, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/96295.