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 Computer, Electrical Electronic And Optical Products Manufacture Of Computer, Electronic And Optical Products 26.4 - Manufacture Of Consumer Electronics
No information on job gains number available
Announcement Date
9 December 2016
Employment effect (start)
Foreseen end date
Description
Huddly is a Norwegian company founded in 2013, and located in Oslo. It offers compact cameras whose production has been offshored to China. However, in 2016 the company decided to backshore for two main reasons: a) vicinity between engineering and production activities, b) higher protection of intellectual property rights (IPR), c) reduced delivery time. Moreover, the adoption of automated production systems allowed the company to realize products at a total costs similar to those of China.
Eurofound (2016), Huddly, Reshoring in Norway, factsheet number 61, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61.
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