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 For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29 - Manufacture of motor vehicles, trailers and semi-trailers
70 jobs Number of planned job losses
Announcement Date
2 September 2004
Employment effect (start)
Foreseen end date
Description
Hägglunds will cut 160 jobs in Örnsköldsvik in Northern Sweden as a result of a work shortage. The company explained that no new orders have been received to compensate for the reduction of work caused by the end of a contract with the Swiss army.
Hägglunds decided to review its redundancy as result of an important order from the Dutch army worth 600 million SEK. Some 70 jobs will be cut instead of 160.
Sources
2 September 2004: Svenska Dagbladet
6 June 2005: Sveriges Radio
Citation
Eurofound (2004), Hägglunds, Internal restructuring in Sweden, factsheet number 60518, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/60518.
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