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.
Ifö Sanitär produces bathroom and kitchen sanitary solutions in Sweden, Denmark, Norway, Russia, Estonia, Latvia and Lithuania. Ifö Sanitär is part of the Finnish group Sanitec, a leading stakeholder on the European bathroom market. As part of a restructuring process that has been going on for many years, Ifö Sanitär is now phasing out its old manual production and, at the same time, building a new automated production unit at the factory in Bromölla. During a period of five months starting in November 2008, 43 jobs will be lost at the manual production department. At the same time 22 jobs will be created at the new unit. It is, according to the company information department, not possible for the management to re-train the existing personnel since the new production type is very different and required completely different skills. Hence, the solution with both reduction and creation of jobs.
Eurofound (2008), Ifö Sanitär, Internal restructuring in Sweden, factsheet number 67061, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/67061.