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 Rubber And Plastic Products 22 - Manufacture of rubber and plastic products
New offshoring locations
Germany, Czechia
120 jobs Number of planned job losses
Announcement Date
19 April 2005
Employment effect (start)
1 September 2005
Foreseen end date
Description
The producer of artificial casings Tripasin, which was taken over by the Spanish company Viscofan, will close down on 1 September 2005. The production activities will be relocated in Germany and Czech Republic. As a result 120 jobs will be cut in Malmö (30 administrative workers and 90 production workers). The sector has suffered indirectly from the consequences of the mad-cow disease crisis, which hit the meat sector a few years ago, and has been faced to competition from low-cost countries and profitability problems. 'International competition has been growing for 5 years. The international market is shrinking. There is an overcapacity in the sector', stated Erik Fredriksen, CEO of Tripasin.
Sources
19 April 2005: Sveriges Radio
19 April 2005: Sydsvenskan
Citation
Eurofound (2005), Tripasin, Offshoring/Delocalisation in Sweden, factsheet number 61460, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61460.
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