Parma

Type
Internal restructuring
Country
Finland
Region
Manner-Suomi;
Location of affected unit(s)
Sector
Manufacturing
(22 - 23) Manufacture of rubber, plastic and non-metallic minerals
23.6 - Manufacture of articles of concrete, cement and plaster
23.61 - Manufacture of concrete products for construction purposes
130 jobs
Number of planned job losses
Job loss
Announcement Date
29 October 2014
Employment effect (start)
Foreseen end date

Description

Finnish concrete manufacturer Parma has initiated employer-employee negotiations that may lead 130 positions becoming redundant. According to the company, the construction sector will continue to decline in revenue in 2015 while competition is still increasing, creating a need for Parma to cut down its costs.

Parma, under the Consolis group, employs a total of 750 people in Finland. 

Sources

  • 29 October 2014: Forssan Lehti

Citation

Eurofound (2014), Parma, Internal restructuring in Finland, factsheet number 77773, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/77773.