Type
Business expansion
Country
Finland
Region
Manner-Suomi; Etelä-Suomi; Varsinais-Suomi
Location of affected unit(s)
Uusikaupunki
Sector
Manufacturing
Manufacture For Transport Equipment
Manufacture Of Motor Vehicles, Trailers And Semi-Trailers
29.1 - Manufacture of motor vehicles

200 jobs
Number of planned job creations
Job creation
Announcement Date
12 September 2011
Employment effect (start)
1 October 2011
Foreseen end date

Description

Valmet Automotive, a Finnish car manufacturer, is seeking to expand the workforce of its Uusikaupunki factory by about 200 persons.

The Uusikaupunki factory was originally founded in 1968 to build Saab automobiles. It has since produced various brand of cars for a period of time, most recently Porsches, and is now building Fisker Karma hybrid cars for Fisker Automotive. The production numbers of Fisker Karma are increasing. The Uusikaupunki plant is the only factory in Finland producing passenger cars.


Sources

  • 12 September 2011: Helsingin Sanomat

Citation

Eurofound (2011), Valmet Automotive, Business expansion in Finland, factsheet number 72374, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/72374.