Type
Internal restructuring
Country
Sweden
Region
Norra Mellansverige; Gävleborgs län;
Location of affected unit(s)
Iggesund, Strömsbruk
Sector
Manufacturing
Manufacture Of Wood And Paper Materials
Manufacture Of Paper And Paper Products
17.1 - Manufacture of pulp, paper and paperboard

150 jobs
Number of planned job losses
Job loss
Announcement Date
23 May 2005
Employment effect (start)
Foreseen end date

Description

Iggesund Paperboard is to cut 150 jobs; around 110 of the job cuts will be made in Iggesund and some 40 in Strömsbruk. The reduction is expected to be achieved by means of natural wastage and retirements. The average number of employees at Iggesunds Bruk is 850, while Ströms Bruk has around 130 employees.


Sources

  • 23 May 2005: Dagens Industri
  • 23 May 2005: Press release by Holmen

Citation

Eurofound (2005), Iggesund Paperboard, Internal restructuring in Sweden, factsheet number 61800, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61800.