Hollming Works

Type
Internal restructuring
Country
Finland
Region
Manner-Suomi;
Location of affected unit(s)
Sector
Manufacturing
(28) Manufacture of machinery and equipment
28 - Manufacture of machinery and equipment n.e.c.
28 - Manufacture of machinery and equipment n.e.c.
700 jobs
Number of planned job losses
Job loss
Announcement Date
2 July 2004
Employment effect (start)
Foreseen end date

Description

Hollming Works, a company producing machinery for the wood processing industry, has started cooperation negotiations with the whole personnel in order to cut its labour force by yet an unknown figure. The cuts are carried out due to the weakening demand.

Sources

  • 2 July 2004: Helsingin Sanomat

Citation

Eurofound (2004), Hollming Works, Internal restructuring in Finland, factsheet number 60479, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60479.