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 Manufacture Of Food And Beverage Manufacture Of Food Products 10.5 - Manufacture Of Dairy Products
100 jobs Number of planned job losses
Announcement Date
19 October 2023
Employment effect (start)
1 January 2024
Foreseen end date
31 December 2025
Description
Tine, Norway's largest producer and distributor of dairy products, has announced that 100 jobs will be cut in a restructuring process affecting several dairy processing plants. The plants at Sem in Tønsberg and in Kristiansand will be closed, while a restructuring of the production will also affect employment at the plants at Ringebu, Sola and Lom.
The company states that the goal is to increase competitiveness as it is facing increased import competition, and that milk sales have declined by 40 percent over the past 10 years. The production changes will be implemented from 2024 and the plants in Tønsberg and Kristiansand will be closed in 2025.
Trade union NNN describes the announcement as "shocking" for the affected employees, although a restructuring has been expected for some time. The trade union will be involved in the upcoming restructuring process and the company states that it will "work to find good future solutions together with individual employees, within or outside Tine".
Eurofound (2023), TINE, Closure in Norway, factsheet number 200398, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/200398.
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