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.
40 jobs Number of planned job losses
Announcement Date
2 January 2007
Employment effect (start)
Foreseen end date
Description
The agricultural trading company Maatalouskesko has started personnel negotiations in all of the domestic units in Finland, it was announced on 2 January 2007. As a result of this, 40 jobs are to be cut, some through pension arrangements and some through internal transfers to new posts in the company.
The job cuts are due to economic and production reasons.
Seppo Hämäläinen, CEO of the Maatalouskesko, said that the amount of reductions are not certain. The negotiations will be concluded before the end of February 2007.
Maatalouskesko employs a total of 320 workers in Finland.
Sources
3 January 2007: Kauppalehti
Citation
Eurofound (2007), Maatalouskesko, Internal restructuring in Finland, factsheet number 64695, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/64695.
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