Rudus

Type
Internal restructuring
Country
Finland
Region
Location of affected unit(s)
Sector
Manufacturing
(22 - 23) Manufacture of rubber, plastic and non-metallic minerals
23.5 - Manufacture of cement, lime and plaster
23.51 - Manufacture of cement
195 jobs
Number of planned job losses
Job loss
Announcement Date
21 October 2015
Employment effect (start)
Foreseen end date

Description

Finnish cement producer, Rudus, is starting employer-employee negotiations concerning around 530 employees in Finland. Up to 195 people may be made redundant or offered reduced working hours. Pension arrangements may also be possible. The need for reduction is due to slow demand in the construction market that is showing no signs of improvement. Rudus is planning to reorganise its operations. Rudus is part of the Irish CRH group.

Sources

  • 21 October 2015: Taloussanomat.fi

Citation

Eurofound (2015), Rudus, Internal restructuring in Finland, factsheet number 85244, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/85244.