Type
Business expansion
Country
Finland
Region
Manner-Suomi; Pohjois-Suomi; Keski-Pohjanmaa
Location of affected unit(s)
Uusikaupunki
Sector
Manufacturing
Manufacture For Transport Equipment
Manufacture Of Motor Vehicles, Trailers And Semi-Trailers
29.1 - Manufacture of motor vehicles

300 jobs
Number of planned job creations
Job creation
Announcement Date
7 December 2005
Employment effect (start)
Foreseen end date

Description

On 7 November 2005 the car manufacturer, Valmet Automotive, announced it would double the production of Porsche (subcontracted) cars at its Uusikaupunki unit. As a result, the company will call back 100 earlier laid-off workers and hire in addition 200 new employees.


Sources

  • 8 December 2005: Helsingin Sanomat

Citation

Eurofound (2005), Valmet Automotive, Business expansion in Finland, factsheet number 62600, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62600.