Mäntyluoto Works

Type
Internal restructuring
Country
Finland
Region
Location of affected unit(s)
Sector
Manufacturing
(29 - 30) Manufacture for transport equipment
30 - Manufacture of other transport equipment
30 - Manufacture of other transport equipment
160 jobs
Number of planned job losses
Job loss
Announcement Date
23 September 2003
Employment effect (start)
Foreseen end date

Description

Tecnip Rauma Offshore announced a restructuring measure making 160 employees redundant. This is due to the weakening demand of offshore oil rigs.

Sources

  • 23 September 2003: Helsingin Sanomat

Citation

Eurofound (2003), Mäntyluoto Works, Internal restructuring in Finland, factsheet number 58920, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/58920.