EMCC European Monitoring Centre on Change

D-Reizen

Company/Organisation:
D-Reizen

Geographic Location

Country: Netherlands

Company

Sector: Administrative services
Administrative and support service activities
79 - Travel agency, tour operator and other reservation service and related activities
Number Employed: 1100

Employment Effects

Announcement Date: 25-06-2021
Planned Job Reductions min: 650
Type of Restructuring: Bankruptcy/Closure

Additional Information

Dutch travel agency D-reizen has reopened 150 of its 285 offices in its restart plan after being declared bankrupt in April 2021. The restart means that 450 of 1,100 employees will keep their jobs.

The company's bankruptcy is largely due to the travel restrictions of COVID-19 pandemic, which caused severe losses for the company. Several travel companies were interested in taking over part of the company, thus making a partial restart of the company possible. Although the restart plan was delayed by a dispute about the trademark rights of D-reizen, it eventually saved about 450 jobs.

The 150 offices will become part of Prijsvrij Vakanties, but will continue to work under the D-reizen label. Prijsvrij Vakanties is a Dutch travel agency that is part of the German REWE Group.

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