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 Basic Metals 24.42 - Aluminium production
106 jobs Number of planned job losses
Announcement Date
9 September 2008
Employment effect (start)
1 November 2008
Foreseen end date
30 November 2008
Description
Due to a decreased demand for aluminium profiles especially from Denmark and the Baltic countries, Sapa Profiler AB is reducing its workforce. In Finspång, Sapa Profiler will decrease employment by 30 jobs of a total 220 employees. In Vetlanda, Sapa will decrease its workforce by 76 persons of a total of 1 200. Sapa Profilers currently employ some 1 400 employees in Sweden. Sapa Profiler AB is a part of one of the three core business areas within the Sapa Group. The other two are Sapa Building System and Sapa Heat Transfer. The Group is a 100% owned subsidiary of the Norwegian concern Orkla.
Sources
10 September 2008: Dagens Industri
Citation
Eurofound (2008), Sapa Profiler, Internal restructuring in Sweden, factsheet number 67089, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67089.
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