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.
The bankruptcy of construction company Hillen & Roosen was announced on 26 May 2009. It is foreseen that the majority of its 220 employees will be dismissed. In 2007 the company had been found responsible for serious building errors during a construction project.
Update: On 9 June 2009, the company announced that it would recommence activities with 50-60 employees.
Eurofound (2009), Hillen & Roosen, Bankruptcy in Netherlands, factsheet number 69039, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/69039.