Type
Business expansion
Country
Sweden
Region
Småland med öarna; Kalmar län;
Location of affected unit(s)
Hultsfred
Sector
Manufacturing
Manufacturing Of Furniture And Other Manufacturing
Manufacture Of Furniture
31 - Manufacture of furniture

130 jobs
Number of planned job creations
Job creation
Announcement Date
14 February 2007
Employment effect (start)
Foreseen end date
29 February 2008

Description

The IKEA subsidiary Swedwood is going to build a new plant in Hultsfred, it was announced on 14 February 2007. Some 130 new jobs could be created as a result of the investment of 245 million SEK. The new plant will produce furniture components for IKEA. According to the development plan, the unit could be opened in one year.


Sources

  • 14 February 2007: Sveriges Radio
  • 14 February 2007: Vimmerby Tidning

Citation

Eurofound (2007), Swedwood, Business expansion in Sweden, factsheet number 64952, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/64952.