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.
Transportation / Storage Warehousing And Support Activities For Transportation, Postal And Courier Activities Warehousing And Support Activities For Transportation 52.29 - Other transportation support activities
300 jobs Number of planned job creations
Announcement Date
3 May 2017
Employment effect (start)
Foreseen end date
31 December 2017
Description
Finnish state owned postal company Posti Group Oyj and private human resource and service management company Solemo Oy (SOL) have co-launched a new internal logistics company called Flexo Palvelut Oy. 300 new employees will be recruited to the new company, which will work mainly with internal logistics. Outsourcing of business logistics is uncommon in Finland with only 12% of logistics operations being outsourced compared to an EU average of 40%. Posti anticipates that the Finnish logistics market will grow with up to 30% annually following increased outsourcing of business logistics. The launching of Flexo is a venture to meet upcoming demand.
Sources
3 May 2017: Epressi
Citation
Eurofound (2017), Flexo Palvelut, Business expansion in Finland, factsheet number 90812, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/90812.
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