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 (22 - 23) Manufacture of rubber, plastic and non-metallic minerals 22 - Manufacture of rubber and plastic products 22 - Manufacture of rubber and plastic products
140 jobs Number of planned job losses
Announcement Date
24 May 2005
Employment effect (start)
Foreseen end date
Description
On 24 May 2005 the manufacturer of plastic products Nypro CMS, informed it is to start cooperation negotiations with the whole personnel. The weakening demand of the plastic parts of the mobile phones is said to be the reason for the talks.
Sources
25 May 2005: Helsingin Sanomat
Citation
Eurofound (2005), Nypro CMS, Internal restructuring in Finland, factsheet number 61640, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61640.