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.
Norra Sverige; Norra Mellansverige; Gävleborgs län
Location of affected unit(s)
Iggesund, Strömsbruk
Sector
Manufacturing (16 - 17) Manufacture of wood and paper materials 17.1 - Manufacture of pulp, paper and paperboard 17.1 - Manufacture of pulp, paper and paperboard
150 jobs Number of planned job losses
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://apps.eurofound.europa.eu/restructuring-events/detail/61800.