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 Wood And Paper Materials Manufacture Of Wood And Of Products Of Wood And Cork, Except Furniture; Manufacture Of Articles Of Straw And Plaiting Materials 16.1 - Sawmilling and planing of wood
40 - 100 jobs Number of planned job losses
20 jobs Number of planned job creations
Announcement Date
13 December 2007
Employment effect (start)
1 November 2007
Foreseen end date
31 December 2008
Description
State-owned woodpocessing company Setra closes down its sawmill in Seskarö. This closure follows the general trend in the region (For pulp and paper industries see e.g. 10320 and 10528) following a shortage of raw material in northern Sweden and a general downturn in the business cycle. Employees were given advance notifications on a number of sites in the end of 2007. In Seskarö approximately 60 employees will have to leave, but 20 of those will be rehired at the site in Rolfs. At Malå sawmill around 20 employees have been given advance notifications. In Malå some 10 employees have been give advance notifications. In Kvarnåsen 13 employees have been given advance notifications. Overall around 100 employees are at risk loosing their jobs. The sites are geographically scattered.
Eurofound (2007), Setra, Internal restructuring in Sweden, factsheet number 66155, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66155.
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