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.
Manufacturing (24 - 25) Manufacture of metals 24.4 - Manufacture of basic precious and other non-ferrous metals 24.42 - Aluminium production
106 jobs Number of planned job losses
Announcement Date
9 September 2008
Employment effect (start)
1 November 2008
Foreseen end date
30 November 2008
Description
Due to a decreased demand for aluminium profiles especially from Denmark and the Baltic countries, Sapa Profiler AB is reducing its workforce. In Finspång, Sapa Profiler will decrease employment by 30 jobs of a total 220 employees. In Vetlanda, Sapa will decrease its workforce by 76 persons of a total of 1 200. Sapa Profilers currently employ some 1 400 employees in Sweden. Sapa Profiler AB is a part of one of the three core business areas within the Sapa Group. The other two are Sapa Building System and Sapa Heat Transfer. The Group is a 100% owned subsidiary of the Norwegian concern Orkla.
Sources
10 September 2008: Dagens Industri
Citation
Eurofound (2008), Sapa Profiler, Internal restructuring in Sweden, factsheet number 67089, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/67089.