"Disappointment in thousands of capital letters", is how union CNV refers to bankrupt retail chain V&D's collapse after nearly 130 years of business. The 62 V&D stores were closed from Monday. The plan to rescue the in-trouble retailer fell apart on Tuesday. And from Wednesday about 8 thousand employees are out on the street.
Yet another Imtech subsidiary - Imtech Industrial Services - has been declared bankrupt. Parts of the company were sold and the buying parties will offer some of the employees a job, but between 200 and 300 of the 900 jobs will be lost, bankruptcy administrator Jeroen Princen