The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacture Of Rubber And Plastic Products And Other Non-Metallic Mineral Products Manufacture Of Other Non-Metallic Mineral Products 23.41 - Manufacture of ceramic household and ornamental articles
155 jobs Number of planned job losses
Announcement Date
8 December 2004
Employment effect (start)
Foreseen end date
Description
Iittala Group has announced that it will start rationalisation negotiations with union representatives at the ceramics factory of Rörstrand in Lidköping. The ground for the negotiations is the closure of the ceramics production and the Iittala Distribution Centre. The rationalisation negotiations will involve totally 155 persons in production, administration and the distribution centre. The factory of Rörstrand has been unprofitable in almost each of the 14 years that it has been owned by Iittala. Since 1995, it has made a total loss of 17,0 million euros.
Sources
8 December 2004: Dagens Nyheter
8 December 2004: Press release by Iittala
Citation
Eurofound (2004), Iittala, Internal restructuring in Sweden, factsheet number 60931, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/60931.
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