Restructuring events
European Restructuring Monitor (ERM)
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.
Finnish automobile manufacturer Valmet Automotive has announced that it will hire 150 new employees during the remaining part of 2016. In addition the company has already hired 100 new employees during 2016. The reason for the expansion is the production of the new Mercdenz Bendz A-series, especially manufacturing of Mercedes-Benz GLC SUV. New employees will work with welding, painting and assembling. The recruitment process is being handled in cooperation with Opteam.
Valmet Automotive has 1450 employees in Uusikaupunki and over 12 000 in total world wide. The ERM has recently reported on relocation of Valmet employees from Germany to Poland in may 2016 and on previous business expansion in Uusikaupunki in 2014.
Eurofound (2016), Valmet Automotive, Business expansion in Finland, factsheet number 88729, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/88729.