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 Basic Metal And Fabricated Metal Products Manufacture Of Fabricated Metal Products, Except Machinery And Equipment 25 - Manufacture of fabricated metal products, except machinery and equipment
100 jobs Number of planned job losses
Announcement Date
20 September 2007
Employment effect (start)
1 January 2008
Foreseen end date
1 May 2008
Description
Nibe AB, a firm that develops and produces heating solutions for houses, is to cut 100 jobs at Markaryd. Management at the firm attribute the decision to recent financial results that were not as strong as expected. Nibe AB employ 1000 at Markaryd, and the job losses are due to implemented from January 2008 to May 2008.
Sources
21 September 2007: Dagens Industri
Citation
Eurofound (2007), Nibe AB, Internal restructuring in Sweden, factsheet number 65901, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65901.
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