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Swedish free school company, JB Group files for bankruptcy

Tuesday, 11 June 2013
After first announcing the closure of some schools due to lack of sufficient student enrolment, Swedish free school company, JB Group is filing for bankruptcy, signalling the death of one of Swedish biggest education companies.

On its website, it writes that "JB Education has today reached agreement with AcadeMedia for the sales activities in adult education consisting of JB Learning and Skills Institute AB Sweden AB (KUI)."

In May, JB Education confirmed that it would close its elementary and secondary school activities throughout the country. Four primary schools and 19 secondary schools were sold to new players - four high schools were closed.
By Scancomark.com Team

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