Type
Internal restructuring
Country
Sweden
Region
Norra Mellansverige; Gävleborgs län;
Location of affected unit(s)
Sandviken
Sector
Manufacturing
Manufacture Of Basic Metal And Fabricated Metal Products
Manufacture Of Basic Metals
24.20 - Manufacture of tubes, pipes, hollow profiles and related fittings, of steel

50 jobs
Number of planned job losses
Job loss
Announcement Date
26 April 2023
Employment effect (start)
1 April 2023
Foreseen end date
30 June 2023

Description

Alleima AB presents a quarterly report that shows overall growth within the group, but due to lower demand within the striptech division, they have announced the reduction of 50 employees from their workforce during the second quarter of 2023. This is after a prior reduction of 25 people. This reduction is due to the reduced demand for their metal band products; which are used for instance in home appliances and air conditioning products, and are therefore affected by the negative forcast in the construction sector. 


Sources

Citation

Eurofound (2023), Alleima StripTech, Internal restructuring in Sweden, factsheet number 108860, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/108860.