Car transporter Eulos.EU pushed into administration by failure to win contract


 

Sheerness-based car transporter Eulos.EU entered administration after refinancing its funding facilities in anticipation of a new contract – and then being told it had not won the deal. The fall into insolvency of the transport company, which also had offices in Northampton and Lithuania, is outlined in a report to creditors following the appointment of administrators at FRP on 23 December. Eulos.EU had been trading for a decade and was a UK based finished vehicle distributor. FRP said that the […]