Scan

Type
Internal restructuring
Country
Sweden
Region
Location of affected unit(s)
Sector
Manufacturing
Manufacture Of Food And Beverage
Manufacture Of Food Products
10.11 - Processing and preserving of meat
400 jobs
Number of planned job losses
Job loss
Announcement Date
31 May 2007
Employment effect (start)
31 May 2007
Foreseen end date
30 September 2009

Description

HK Scan is one of the leading food companies in Northern Europe. The company’s home market covers Finland, Sweden, the Baltics and Poland. HK Scan produces, sells and markets pork, beef and poultry meat, processed meats and convenience foods. Scan AB, responsible for the HK Scan Group's business operations in Sweden, is launching an efficiency programme expected to deliver annual savings of 18-22 million Euro upon completion. The reasons for this two-year programme are the poor financial results of Scan AB and the need to improve competitiveness. The programme will affect around 400 employees, around 12% of Scan's current workforce in Sweden.

Sources

  • 5 June 2007: Dagens Nyheter

Citation

Eurofound (2007), Scan, Internal restructuring in Sweden, factsheet number 65468, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65468.