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.
Transportation / Storage Warehousing And Support Activities For Transportation, Postal And Courier Activities Warehousing And Support Activities For Transportation 52 - Warehousing and support activities for transportation
330 jobs Number of planned job losses
Announcement Date
6 November 2008
Employment effect (start)
6 November 2008
Foreseen end date
31 December 2011
Description
Cargotec, a cargo handler, has given notice to 330 employees at two subsidiary companies in Sweden: 134 employees at Kalmar Industries and 196 employees at Hiab. Cargotec offers handling systems and related services for loading and unloading of goods. Cargotec has three brands: Hiab, Kalmar and MacGREGOR. Cargotec’s sales exceed EUR 3 billion and the company employs approximately 12,000 people. Hiab is engaged in on-road load-handling solutions. Kalmar is a provider of container and heavy duty materials handling equipment, automation applications and related services.
Sources
Citation
Eurofound (2008), Cargotec, Internal restructuring in Sweden, factsheet number 67433, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67433.
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