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 Beverages 11 - Manufacture of beverages
110 jobs Number of planned job losses
Announcement Date
15 January 2014
Employment effect (start)
1 April 2014
Foreseen end date
Description
Finnish beverage producer Hartwall plans to cut up to 140 jobs. As reported, the company has started negotiations with employee representatives on the proposed cuts and the restructuring could commence in April 2014.
According to the company, the cost cutting measure is linked with the increased alcohol tax and a boost in alcohol imports from neighbouring Estonia. Employee representatives expressed surprise and shock over the proposed plan.
Hartwall is headquartered in Helsinki and its main production facility is in Lahti. For a previously reported restructuring event see Hartwall-2005.
Updated, 18-03-2014: Hartwall has concluded negotiations and confirmed the loss of 110 jobs.
Sources
15 January 2014: YLE News
15 January 2014: Taloussanomat
18 March 2014: YLE News
Citation
Eurofound (2014), Hartwall, Internal restructuring in Finland, factsheet number 76480, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/76480.
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