EMCC European Monitoring Centre on Change

TVAB

Company/Organisation:
TVAB

Geographic Location

Country: Sweden
Region: Värmlands län; Norra Mellansverige

Company

Sector: Manufacturing
Manufacture of electrical equipment
27 - Manufacture of electrical equipment
Number Employed: 137
Group: TVAB

Employment Effects

Announcement Date: 07-02-2003
Planned Job Reductions min: 137
Planned Job Reductions max: 137
Type of Restructuring: Bankruptcy/Closure
Employment Effect Start: 01-02-2003
Foreseen End Date: 01-02-2003
Direct Dismissals: 137

Additional Information

137 persons are expected to be dismissed as a result of the bankruptcy of TVAB. More information has not been published yet. An official receiver has been appointed with the objective of saving the company.