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 29.3 - Manufacture of parts and accessories for motor vehicles
New offshoring locations
Not Available
130 jobs Number of planned job losses
Announcement Date
7 February 2006
Employment effect (start)
Foreseen end date
Description
The automotive component producer Contitech will cut 130 out of 210 jobs in Motala as result of the poor profitability level within the car branch. Most of the production will be relocated in low-cost countries. According to Anders Gustafsson, CEO of the company, the plant will from now on focus on the lorry branch.
Sources
7 February 2006: Sveriges Television
7 February 2006: Sveriges Radio
Citation
Eurofound (2006), Contitech, Offshoring/Delocalisation in Sweden, factsheet number 62920, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62920.
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