Outokumpu

Type
Relocation
Country
Sweden
Region
Östra Sverige; Östra Mellansverige; Västmanlands län
Location of affected unit(s)
Fagersta
Sector
Manufacturing
(24 - 25) Manufacture of metals
24.2 - Manufacture of tubes, pipes, hollow profiles and related fittings, of steel
24.2 - Manufacture of tubes, pipes, hollow profiles and related fittings, of steel
130 jobs
Number of planned job losses
Job loss
Announcement Date
27 October 2006
Employment effect (start)
Foreseen end date
30 June 2007

Description

Outokumpu will close down its steel tube production unit in Fagersta by mid-2007, as it was announced on 27 October 2006. Some 130 employees will be affected by this redundancy plan.

Negotiations with trade unions have already started. In a press release, Outokumpu explained that the two heat exchange tube production lines in the Fagersta unit would be transferred to Nyby (Torshälla) and that other changes would be carried out to improve competitiveness.

Sources

  • 27 October 2006: Press release by Outokumpu
  • 27 October 2006: Dagens Nyheter

Citation

Eurofound (2006), Outokumpu, Relocation in Sweden, factsheet number 64344, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/64344.