AQ Segerström

Type
Business expansion
Country
Sweden
Region
Östra Sverige; Östra Mellansverige; Södermanlands län
Location of affected unit(s)
Eskilstuna
Sector
Manufacturing
(29 - 30) Manufacture for transport equipment
29.3 - Manufacture of motor vehicle parts and accessories
29.3 - Manufacture of motor vehicle parts and accessories
147 jobs
Number of planned job creations
Job creation
Announcement Date
19 January 2009
Employment effect (start)
19 January 2009
Foreseen end date
19 January 2009

Description

AQ Segerström, revived supplier of metal components for commercial vehicles, has created 147 jobs in Eskilstuna, Sweden following the acquisition of the bankrupt company by Aros Quality Group. Segerström filed for bankruptcy in December 2008 and dismissed 220 employees (see separate factsheet No 12848).

24 of the newly hired staff are temporary workers. Segerström's customer sales concern commercial vehicles, such as Volvo and Scania. The company provides metal parts, welding, powder coating and assembly. The sales turnover for 2009 is expected to be around SEK 150-200 Million.

Sources

Citation

Eurofound (2009), AQ Segerström, Business expansion in Sweden, factsheet number 68192, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/68192.