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 (28) Manufacture of machinery and equipment 28 - Manufacture of machinery and equipment n.e.c. 28 - Manufacture of machinery and equipment n.e.c.
235 jobs Number of planned job losses
Announcement Date
16 December 2004
Employment effect (start)
Foreseen end date
Description
Ålö, which produces loaders and implements for tractors, will terminate 40 temporary contracts and lay off 155 workers at its plant in Umeå, where 400 people are currently employed. The redundancy plan will also lead to the lay-off of 40 workers at the plant owned by the company in Bergsjö.
Sources
16 December 2004: Sveriges Radio
16 December 2004: Norra Västerbotten
16 December 2004: TV4
Citation
Eurofound (2004), Ålö, Internal restructuring in Sweden, factsheet number 60933, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60933.
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