Belmar Engineering: Scottish engineering firm collapses with loss of nearly 50 jobs
Summary by The Scotsman
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Belmar Engineering: Scottish engineering firm collapses with loss of nearly 50 jobs
“This is the second local engineering company that has appointed me liquidator in the last month and perhaps reflects the challenges facing this type of business at the moment”
·Scotland, United Kingdom
Read Full ArticleNearly 50 jobs lost as Aberdeen engineering firm enters administration - Scottish Business News
Nearly 50 jobs have been lost in Aberdeen after a local engineering firm entered administration. The company, which specialised in providing engineering services to the energy sector, ceased trading after struggling with ongoing financial pressures. Administrators were appointed earlier this week, resulting in the immediate redundancy of 48 employees. According to the administrators, the business had faced significant cashflow challenges in rece…
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Leaning Left3Leaning Right0Center2Last UpdatedBias Distribution60% Left
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