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 Rubber And Plastic Products And Other Non-Metallic Mineral Products Manufacture Of Rubber And Plastic Products 22 - Manufacture of rubber and plastic products
600 jobs Number of planned job losses
Announcement Date
27 April 2005
Employment effect (start)
2 May 2005
Foreseen end date
31 December 2005
Description
On 27 April 2005, a supplier of mechanical and electronic modules for the telecommunications, healthcare and automobile industries, Perlos announced co-operation negotiations with the whole personnel at the Ylöjärvi plant in Finland.
Due to the structural change in demand, Perlos' production capacity in Finland will not correspond to demand in the past. For this reason, Perlos has announced it will initiate investigations for adjusting production capacity to match the prevailing situation.
Perlos will immediately start investigations for discontinuing operations at the Ylöjärvi plant as one option for adjusting the capacity. The possible discontinuation would be implemented during the first quarter of 2006 at the latest.
Sources
28 April 2005: Helsingin Sanomat
Citation
Eurofound (2005), Perlos, Internal restructuring in Finland, factsheet number 61508, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61508.
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