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.
Manufacturing Manufacture Of Wood And Paper Materials Manufacture Of Paper And Paper Products 17 - Manufacture of paper and paper products
244 jobs Number of planned job losses
Announcement Date
1 July 2004
Employment effect (start)
Foreseen end date
Description
Duni has decided to issue layoff notices to 244 employees as a result of the planned closure or relocation of its production plant and a number of administrative functions in Halmstad, southern Sweden. This decision is part of Duni's effort to rationalise business and safeguard its long-term international competitiveness. MBL (Swedish worker participation legislation) negotiations with the affected unions will begin immediately. After completion, the planned measures are expected to secure yearly cost savings of some SEK 60 million.
Sources
1 July 2004: Press Release by Duni
1 July 2004: Dagens Nyheter
Citation
Eurofound (2004), Duni, Closure in Sweden, factsheet number 60422, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/60422.
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