Installatiebedrijf Kwekel

Type
Bankruptcy
Country
Netherlands
Region
Zuid-Nederland; Noord-Brabant; Noordoost-Noord-Brabant
Location of affected unit(s)
's-Hertogenbosch
Sector
Construction
43 - Specialised construction activities
43.2 - Electrical, plumbing and other construction installation activities
43.24 - Other construction installation
120 jobs
Number of planned job losses
Job loss
Announcement Date
9 October 2013
Employment effect (start)
9 October 2013
Foreseen end date

Description

Dutch building installation company Installatiebedrijf Kwekel has filed for bankruptcy. 120 jobs are lost.

As reported, the bankruptcy is attributed to the crisis in the construction sector. 

Sources

  • 9 October 2013: Omroep Brabant

Citation

Eurofound (2013), Installatiebedrijf Kwekel, Bankruptcy in Netherlands, factsheet number 76081, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/76081.