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.
Manufacturing Manufacture Of Coke And Refined Petroleum Products Manufacture Of Coke And Refined Petroleum Products 19.20 - Manufacture of refined petroleum products
130 jobs Number of planned job losses
Announcement Date
24 January 2012
Employment effect (start)
1 February 2012
Foreseen end date
Description
Swedish oil refinery Preemraff has given redundancy notices to 130 employees at its sites in Lysekil, Göteborg and Stockholm. The restructuring is due to start in February.
The restructuring was blamed on declining demand for refined oil products. The company is expecting to carry out the restructuring through early retirements and voluntary departures.
Preem Lysekil is Scandinavia's largest refinery with a capacity to refine 11.4 million tons of crude oil and oil components per year.
Sources
24 January 2012: sverigesradio.se
Citation
Eurofound (2012), Preemraff, Internal restructuring in Sweden, factsheet number 73026, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/73026.
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