Restructuring events
European Restructuring Monitor (ERM)
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.
Klippan will close down its paper production unit in Mölndal and cut 300 jobs. Only the paperboard unit, which employs 40 people, will be maintained in Mölndal. The paper production will be relocated to the company's plants in Klippan and Lessebo. The implementation of the redundancy plan will cost some 150 millions SEK and is expected to lead to a decrease in fixed charges of 300 millions SEK per year.
Eurofound (2005), Klippan, Relocation in Sweden, factsheet number 61299, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61299.