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 Manufacturing Of Machinery And Equipment Manufacture Of Machinery And Equipment N.E.C. 28 - Manufacture of machinery and equipment n.e.c.
107 jobs Number of planned job losses
Announcement Date
24 November 2005
Employment effect (start)
Foreseen end date
1 June 2006
Description
ABB will move its plant from Laxå to Västerås. The reason put forward for this plan is the high competition level in the global robot industry. Some 75% of the 107 workers concerned will be offered a new job in Västerås. ABB stated it hoped to increase its competitivenes through improved capacity use and simplified administation and logistics processes. Negotiations with trade unions have already started. According to the schedule, the relocation plan could be achieved before summer 2006.
Sources
24 November 2005: Sveriges Radio
23 November 2005: Press release by ABB (www.abb.se)
Citation
Eurofound (2005), ABB, Relocation in Sweden, factsheet number 62591, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62591.
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