Manner-Suomi; Pohjois-Suomi; Pohjois-Pohjanmaa
Location of affected unit(s)
Manufacture Of Basic Metal And Fabricated Metal Products
Manufacture Of Fabricated Metal Products, Except Machinery And Equipment
25 - Manufacture of fabricated metal products, except machinery and equipment
New offshoring locations
Germany, Denmark, Russian Federation

170 jobs
Number of planned job losses
Job loss
Announcement Date
6 July 2006
Employment effect (start)
Foreseen end date


The telecom cable company Draka Comteq Finland has concluded its personnel negotiations which it initiated in July. The company has decided to close down its telecom cable factory in Oulu and dismiss 170 people there. The number of dismissals remained at the anticipated level. The shutdown of the Oulu factory is planned to be completed by the end of March 2007. The intention is to move the production in the Oulu factory to other Draka factories in Germany, Denmark and Russia. The company has announced it tries to transfer the dismissed personnel to other companies of the Draka corporate group. Draka Comteq Finland will continue to market and sell the products in their market area as before. On 29 June 2006, Draka Comteq, manufacturer of cables for communication purposes, announced to cut 330 jobs throughout Europe in response to the change in the telecommunications market that has been going on for several years. Draka Comteq is a subsidiary of the Draka Holding, which is active on the global scale. This reorganisation yields an annual cost reduction of EUR 12 million. The target is to develop Comteq factories to produce line units supplying products to the European market.


  • 6 July 2006: Helsingin Sanomat
  • 15 August 2006: Kauppalehti


Eurofound (2006), Draka Comteq Finland, Offshoring/Delocalisation in Finland, factsheet number 63814, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63814.