Svenska Rayon

Type
Bankruptcy
Country
Sweden
Region
Norra Sverige; Norra Mellansverige; Värmlands län
Location of affected unit(s)
Vålberg
Sector
Manufacturing
(13 - 15) Manufacture of textiles, apparel and leather
13.1 - Preparation and spinning of textile fibres
13.1 - Preparation and spinning of textile fibres
130 jobs
Number of planned job losses
Job loss
Announcement Date
20 March 2004
Employment effect (start)
Foreseen end date

Description

130 workers are expected to be dismissed in Vålberg as the result of the bankruptcy of Svenska Rayon. According to estimates, the closure of the company will lead to the suppression of 500 direct and indirect jobs.

Sources

  • 15 March 2004: Dagens Nyheter

Citation

Eurofound (2004), Svenska Rayon, Bankruptcy in Sweden, factsheet number 60012, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60012.