Green Cargo

Type
Internal restructuring
Country
Sweden
Region
Location of affected unit(s)
Solna, Hallsberg, Göteborg, Malmö
Sector
Transportation / Storage
49 - Land transport and transport via pipelines
49 - Land transport and transport via pipelines
49 - Land transport and transport via pipelines
130 jobs
Number of planned job losses
Job loss
Announcement Date
8 December 2002
Employment effect (start)
1 October 2002
Foreseen end date
1 October 2003

Description

Through the dismissal of 130 administrative employees, Green Cargo plans to reduce costs by 125 m. SEK. This restructuring will mostly affect the the headquarters of the company in Solna (Stockholm), but will also hit other locations in Malmö, Hallsberg and Göteborg.

Citation

Eurofound (2002), Green Cargo, Internal restructuring in Sweden, factsheet number 59112, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59112.