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 Material For Textiles, Apparel, Leather And Related Products Manufacture Of Wearing Apparel 14.1 - Manufacture of wearing apparel, except fur apparel
60 jobs Number of planned job losses
Announcement Date
21 March 2013
Employment effect (start)
16 May 2013
Foreseen end date
31 August 2013
Description
Marimekko, a producer and seller of design products, has announced lay-offs of up to 60 persons by closing two factories and outlets in Finland. Both factories are producing textile products, but their production may be moved elsewhere in the EU. Marimekko is starting negotiations with employee representatives on the cuts.
Marimekko is one of the best-known Finnish brands. It produces and sells mainly its own design textile products (e.g., clothing, bags, curtains). With over 400 Finnish staff, about third of its products have been produced in Finland. With the closure of factories in Kitee and Sulkava, the only remaining production facility in Finland would be a textile printing factory in Helsinki. The company states that the two plants have been unprofitable and wants to move production to other EU countries. It already has production in Baltic countries and Portugal.
Marimekko's staff in the two affected facilities expressed surprise over the planned closures and initiated a one-day walk-out in protest.
The timeline for the restructuring plans is not yet available.
UPDATED 16-05-2013: Marimekko has concluded negotiations and confirmed the closure of the units in Kitee and Sulkava, likely by the end of August.
Sources
21 March 2013: Taloussanomat
16 May 2013: Taloussanomat
21 March 2013: YLE News
21 March 2013: Marimekko press release
Citation
Eurofound (2013), Marimekko, Closure in Finland, factsheet number 75117, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/75117.
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