Type
Offshoring/Delocalisation
Country
Sweden
Region
Norra Mellansverige; Dalarnas län;
Location of affected unit(s)
Vansbro
Sector
Manufacturing
Manufacture For Transport Equipment
Manufacture Of Motor Vehicles, Trailers And Semi-Trailers
29.3 - Manufacture of parts and accessories for motor vehicles
New offshoring locations
Sweden, Poland

129 jobs
Number of planned job losses
Job loss
Announcement Date
14 June 2005
Employment effect (start)
Foreseen end date

Description

Finnveden, the engineering group with strong market positions in the automotive industry, will close its production unit in Vansbro and transfer the production activities to Mora and Olofström in Sweden and to Bielsko Biala in Poland. Some 129 employees will be laid off as result of this decision.


Sources

  • 14 June 2005: Press release by Finnveden
  • 14 June 2005: Dagens Industri

Citation

Eurofound (2005), Finnveden, Offshoring/Delocalisation in Sweden, factsheet number 61798, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61798.