Rautaruukki

Type
Internal restructuring
Country
Finland
Region
Manner-Suomi;
Location of affected unit(s)
Raahe, Hämeenlinna, Kankaanpää, Halikko
Sector
Manufacturing
(24 - 25) Manufacture of metals
24.1 - Manufacture of basic iron and steel and of ferro-alloys
24.1 - Manufacture of basic iron and steel and of ferro-alloys
565 jobs
Number of planned job losses
Job loss
Announcement Date
3 April 2003
Employment effect (start)
Foreseen end date
1 April 2003

Description

Rautaruukki is aiming to save its fixed costs by 50 million euros by the end of this year.

Citation

Eurofound (2003), Rautaruukki, Internal restructuring in Finland, factsheet number 59681, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59681.