EMCC European Monitoring Centre on Change

Teha

Company/Organisation:
Teha

Geographic Location

Country: Netherlands
Region: Twente; Overijssel; Oost-Nederland
Location of affected unit(s): Haaksbergen

Company

Sector: Construction
Construction
42 - Civil engineering
Number Employed: 177

Employment Effects

Announcement Date: 07-12-2011
Planned Job Reductions min: 177
Planned Job Reductions max: 177
Type of Restructuring: Bankruptcy
Employment Effect Start: 07-12-2011
Direct Dismissals: 177

Additional Information

On 7 December 2011, construction company Teha was declared bankrupt. All 127 employees plus 50 temporary workers were dismissed by the receiver.

Several firms have shown interest in taking over parts of the firm, which might result in rescuing some of the jobs. Background of the bankruptcy is the severe crisis that has hit the construction sector.