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.
Manufacturing (24 - 25) Manufacture of metals 24 - Manufacture of basic metals 24 - Manufacture of basic metals
275 jobs Number of planned job losses
Announcement Date
14 August 2013
Employment effect (start)
14 August 2013
Foreseen end date
Description
Swedish metal manufacturing company Arkivator has filed for bankruptcy and thereby given notice to all its 275 employees at the factories in Tidaholm and Falköping.
The reason for the bankruptcy is a debt of 40 million SEK that the company has been unable to pay. For information on previous restructurings see Arkivator-SE2013a and Arkivator-SE2008.
Sources
14 August 2013: Dagens Industri
Citation
Eurofound (2013), Arkivator, Bankruptcy in Sweden, factsheet number 75773, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/75773.