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 Food And Beverage Manufacture Of Food Products 10.85 - Manufacture of prepared meals and dishes
100 jobs Number of planned job creations
Announcement Date
8 February 2013
Employment effect (start)
1 January 2013
Foreseen end date
31 May 2013
Description
Finnish company Vaasan Group has announced that they will open a new bake-off factory in Saue in Estonia this spring and recruit over 100 employees.
The company stated that as a result they will close their manufacturing facilities in Sweden and delocate their manufacturing to Estonia. The production in Saue will start gradually and full operating capacity is expected to be achieved in late spring 2014. The production of the new factory is sold across Nordic and Baltic countries.
Sources
8 February 2013: Toostus-uudised
Citation
Eurofound (2013), Vaasan Group, Business expansion in Estonia, factsheet number 74927, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/74927.
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