Växjö companies in bankruptcy - 40 employees are affected
The Växjö company Prodeca Bygg & Montage AB has gone bankrupt at its own request, writes Smålandsposten. About 40 employees are affected and the company has several ongoing contracts in Stockholm, Gothenburg and Gävle.
- The reason for the bankruptcy is still unclear, it may be that the business has been underfunded from start and grew too fast. The relationship is not uncommon and is usually described as a sickness illness, notes attorney Erik M Gabrielsson, who has been appointed bankruptcy trustee for Smålandsposten.
The bankruptcy manager also tells us that a corporate restructuring should not be impossible as he thinks the business model has been strait even if the finances have been bad.