Restructuring events
European Restructuring Monitor (ERM)
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.
The mobile phone company Nokia is planning to employ 300 new permanent production workers at its Salo factory. The need for more personnel is due, among other things, to the growing markets for the new E- and N-series mobile communicators manufactured in Salo. Nokia’s own recruitment campaign is launched in June and the company will also work with labour exchange offices to find suitable employees. The objective is to finalise the recruitment campaign for new employees in autumn 2007. As part of the recruitment campaign Nokia is planning to work, among others, with enterprises in the field of electronics that are cutting jobs. At present the Salo factory employs roughly 2,300 permanent workers while Nokia employs 29,000 people in Finland.
Eurofound (2007), Nokia, Business expansion in Finland, factsheet number 65471, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/65471.