Nearly 250 jobs have been lost after Fife interior fit-out specialist Havelock International collapsed into administration.
Havelock Europa
Design and fit-out specialist Havelock International is to bring in reduced hours and four-day working weeks as part of a new ‘sustainable manufacturing’ plan aimed to boost growth. The firm, which was rescued after Havelock Europa was bought out of administration by Rcapital in July, em
The future of more than 300 staff at troubled interior solutions provider Havelock Europa has been secured after the business was bought out of administration by turnaround specialist Rcapital. Toby Underwood and Graham Frost of PwC were appointed joint administrators of the Kirkcaldy-based firm tod
Fife shopfitting and interiors group Havelock Europa has announced its intention to appoint administrators, putting 300 jobs at risk. In a stock market statement today the company said unless circumstances change the board intends to appoint administrators within 10 business days - although its secu
Shares in shopfitting and interiors group Havelock Europa have been suspended as the company seeks urgent funding to avoid collapse. The company told investors trading in its shares on the Alternative Investment Market had been suspended with immediate effect pending clarification of the group’s f
Donald Borland Interior solutions provider Havelock Europa has commenced a search process for a new finance head after it announced that Donald Borland will resign as chief financial officer and company secretary in April.
Shaun Ormrod Interior solutions provider Havelock Europa has secured a multi-million financing deal as the firm continues to implement its turnaround strategy.
Shaun Ormrod The new leadership team at Fife-based fit-out firm Havelock Europa, which this week revealed that it made pre-tax losses of £2.6 million for the six months to the end of June, has set a goal to transform the firm into a £100 million business.
Havelock Europa has been awarded a fit-out contract for the Hilton Resort and Spa currently being built by Robertson Group as part of its contract to deliver the new Aberdeen Exhibition and Conference Centre (AECC). The contract will see Havelock fit out all areas of the hotel, including front-of-ho
David Ritchie The chief executive of troubled interior fitter Havelock Europa has resigned as the company announced a large loss in the first six months of the year.
Ian Godden Shares at fit-out business Havelock Europa spiralled yesterday as the firm issued a profits warning though no imminent jobs losses are expected as a result.
Ian Godden Shopfitting and interiors business Havelock Europa has described 2016 as a “challenging” year despite returning to profit following a restructuring exercise.
David Ritchie Interior fittings firm Havelock Europa has said that actions to “rightsize” and simplify the business have delivered significant benefits and enabled its continued recovery during 2016.
Ian Godden A former director is to return to the Board of Havelock Europa with a vote of confidence for the company in the form a £300,000 investment.
Fife-based shopfitting company Havelock Europa is to cut more jobs from its workforce in Kirkcaldy. Just a year after 50 jobs were lost amid assurances that it would help secure the long-term viability of the company and its workforce, reports have suggested that up to 25 further posts could be cut.