Type
Reshoring
Country
Sweden
Reshoring from
Switzerland
Reshored business function
Production
Region
Location of affected unit(s)
Landskron
Sector
Manufacturing
Manufacture Of Basic Metal And Fabricated Metal Products
Manufacture Of Fabricated Metal Products, Except Machinery And Equipment
25.99 - Manufacture Of Other Fabricated Metal Products N.E.C.

15 jobs
Number of planned job creations
Job creation
Announcement Date
25 November 2016
Employment effect (start)
1 November 2016
Foreseen end date
1 April 2017

Description

SWEP is a Swedish manufacturer of brazed plate heat exchangers (BPHE). The company has decided to consolidate its activities in Europe. In particular, the production plant in Switzerland's Tentlingen is going to close in order to concentrate production in the other two plants owned by the company in Sweden's Landskron and Slovakia's Kechnec near Kosice. The decision has been taken on 23 November 2016, and the transfer should be completed in the first quarter of 2017. 15 new jobs position should be created in Sweden thanks to this decision.


Sources

Citation

Eurofound (2016), SWEP, Reshoring in Sweden, factsheet number 146, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/146.