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.
Agriculture Agriculture, Forestry And Fishing Crop And Animal Production, Hunting And Related Service Activities 01 - Crop and animal production, hunting and related service activities
400 jobs Number of planned job losses
Announcement Date
18 August 2009
Employment effect (start)
19 August 2009
Foreseen end date
31 December 2011
Description
Lantmännen, the Swedish food, energy and agricultural group, has announced the dismissal of 400 white collar workers over the next three years. The restructuring plan is expted to save SEK 400m (EUR 39.14m). The process will be 60 percent complete by the end of 2009 and 85% complete by the end of 2010.
Lantmännen is a corporation in food, energy and agriculture. The Group is owned by 40 000 Swedish farmers, has 12 000 employees, and operates in 19 countries.
As of December 2009, there is no information regarding the specific units to be affected.
Sources
19 August 2009: Dagens Industri
Citation
Eurofound (2009), Lantmännen, Internal restructuring in Sweden, factsheet number 69962, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69962.
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