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 For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.2 - Manufacture of bodies (coachwork) for motor vehicles; manufacture of trailers and semi-trailers
200 jobs Number of planned job losses
Announcement Date
11 September 2013
Employment effect (start)
1 October 2013
Foreseen end date
31 July 2014
Description
Lahden Autokori, a manufacturer of coachwork, has filed for bankruptcy and announced the dismissal of its entire staff of about 200 employees. The company has been producing coachwork for Scania, which is no longer planning to outsource the coachwork. Lahden Autokori reports debts of around EUR 10 million and sees no possibility of replacing Scania production with other contracts. The manufacturing activity for Scania will cease in 10 months.
Sources
11 September 2013: YLE News
11 September 2013: Etelä-Suomen Sanomat
Citation
Eurofound (2013), Lahden Autokori, Bankruptcy in Finland, factsheet number 75860, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/75860.
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