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 Basic Metal And Fabricated Metal Products Manufacture Of Fabricated Metal Products, Except Machinery And Equipment 25.4 - Manufacture Of Weapons And Ammunition
1,000 jobs Number of planned job creations
Announcement Date
7 February 2025
Employment effect (start)
7 February 2025
Foreseen end date
31 December 2025
Description
The Swedish weapons manufacturer Saab has announced plans to recruit more than 1,000 staff in Sweden during 2025. The company expects that the arms race will continue even if the war in Ukraine sees an end, as Europe invests in defence after a change in leadership in the United States. Saab has thus increased their growth prognosis as well as shareholder profits.
The geopolitical situation has reflected well on Saab’s stock prices in an otherwise anaemic market situation. Saab has however also been met with criticism nationally for continuing business transactions with Israeli partners despite the humanitarian situation in Gaza.
Saab has approximately 24,000 employees globally and operations in over 30 countries. In Sweden, Saab has approximately 15,000 employees across 40 locations.
Eurofound (2025), Saab, Business expansion in Sweden, factsheet number 202357, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/202357.
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