Škoda Transtech

Type
Internal restructuring
Country
Finland
Region
Manner-Suomi; Pohjois- ja Itä-Suomi; Kainuu
Location of affected unit(s)
Otanmäki
Sector
Manufacturing
(29 - 30) Manufacture for transport equipment
30.2 - Manufacture of railway locomotives and rolling stock
30.20 - Manufacture of railway locomotives and rolling stock
0 - 200 jobs
Number of planned job losses
Job loss
Announcement Date
25 May 2026
Employment effect (start)
6 July 2026
Foreseen end date

Description

Škoda Transtech, a Finnish tram manufacturer, has announced that up to 200 workers may be dismissed from its Otanmäki plant in Kainuu. The cuts stem from prolonged uncertainty surrounding the procurement of new trams by the city of Helsinki, a key project for the company’s local employment. Negotiations are underway, but no definitive timetable for the final decisions has yet been set.

The company employs around 600 people in Finland.

Citation

Eurofound (2026), Škoda Transtech, Internal restructuring in Finland, factsheet number 300460, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/300460.