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 Manufacturing Of Machinery And Equipment Manufacture Of Machinery And Equipment N.E.C. 28.14 - Manufacture of other taps and valves
New offshoring locations
Czechia
110 jobs Number of planned job losses
Announcement Date
16 August 2016
Employment effect (start)
Foreseen end date
Description
Valve manufacturer, IMI CCI Critical Engineering (previously named CCI Valve Technology), has announced plans to offshore its production from Säffle in Sweden to Brno in the Czech Republic. The plant in Säffle currently has around 200 employees and negotiations with the concerned unions are underway. CCI's proposal would mean that 110 of these positions will be subject to direct dismissals as the plant in Säffle closes, while the around 80 employees working with administration, tenders etc. will be relocated to Karlstad, around 55 km north-east of Säffle. CEO Martin Valfridsson states that the relocalisation to Karlstad is in order to improve the company's ability to attract future talent, while the offshoring is due to high production costs in Sweden.
Sources
16 August 2016: Nya Wermlands Tidning (NWT)
16 August 2016: Sveriges Radio P4
Citation
Eurofound (2016), IMI CCI Critical Enginering, Offshoring/Delocalisation in Sweden, factsheet number 88454, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/88454.
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