Type
Closure
Country
Norway
Region
Norge; Nord-Norge; Nordland
Location of affected unit(s)
Rana
Sector
Manufacturing
Manufacture Of Basic Metal And Fabricated Metal Products
Manufacture Of Basic Metals
24.52 - Casting of steel

110 jobs
Number of planned job losses
Job loss
Announcement Date
19 February 2010
Employment effect (start)
7 May 2010
Foreseen end date
7 May 2010

Description

On 19 February steel company Ruukki profiles in Mo i Rana announced that they would close business in Rana until further notice. 110 people stand to loose their jobs in May as a result. The Finnish steel giant are ending production as the market for steel vessels has collapsed.


Sources

  • 7 May 2010: NRK (www.nrk.no)
  • 19 February 2010: NRK ()

Citation

Eurofound (2010), Ruukki profiler i Mo i Rana, Closure in Norway, factsheet number 70524, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/70524.