Randridge’s financial woes began when a major project it was working on went bust, leaving the company significantly out of pocket, the commercial division of the High Court heard today.  The international engineering firm is fighting to remain in business. In an examinership hearing before Justice Eileen Roberts, barrister Ross Gorman argued that the company has a reasonable prospect of survival if given several weeks’ breathing room. In June 2020, Randridge announced that it had won an electrical and instrumentation contract on the HES Hartel Tank Terminal project, a liquid bulk storage terminal in the port of Rotterdam in the…

Want to continue reading?

Introductory offer: Sign up today and pay €200 for an annual membership, a saving of €50.

Subscribe

Cancel at any time.

Are you already a member? .