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Spierings runs into difficulty

Five companies within Spierings Holding, owner of Spierings Kranen the Dutch based mobile self erecting crane group, have been placed into administration, following a court hearing earlier this week. Employees were informed yesterday.

The court agreed on the bankruptcy of the companies while Spierings Kranen will remain in business although it is shedding a large number of its 140 employees. Production sales and product support will continue, with particular focus on the current order book, new sales, and product support for the company’s 700 plus crane population.

Spierings laid off 17 people last year but the cutbacks were not sufficient to carry the group through the current market slowdown. It has recently been working on a radical new model, the City Boy for which the company has already booked 10 orders.
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The Spierings City Boy

Owner Leo Spierings, who founded the company in 1987, said he was very disappointed to have had to initiate such a severe restructuring of the business and was particularly upset over the personnel losses. However he says that he is optimistic that the company will be able to re-employ most, if not all of the staff once the market returns to health.