The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manner-Suomi; Pohjois- ja Itä-Suomi; Pohjois-Pohjanmaa
Location of affected unit(s)
Oulu
Sector
Manufacturing (26 - 27) Manufacture of electrical, electronic and optical products 27 - Manufacture of electrical equipment 27 - Manufacture of electrical equipment
New offshoring locations
China
280 jobs Number of planned job losses
Announcement Date
8 January 2004
Employment effect (start)
Foreseen end date
Description
Remec has started cooperation negotiations with its personnel in order to cut 280 jobs. The restructuring is carried out due to economical reasons. The production is believed to be moved to China.
Sources
8 January 2004: Helsingin Sanomat
Citation
Eurofound (2004), Remec, Offshoring/Delocalisation in Finland, factsheet number 60164, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60164.