Type
Internal restructuring
Country
Sweden
Region
Norra Mellansverige; Värmlands län;
Location of affected unit(s)
Arvika
Sector
Manufacturing
Manufacture Of Basic Metal And Fabricated Metal Products
Manufacture Of Basic Metals
24.51 - Casting of iron

95 jobs
Number of planned job losses
Job loss
Announcement Date
9 January 2009
Employment effect (start)
12 January 2009
Foreseen end date
19 January 2009

Description

Arvika Gjuteri, which does foundry production for truck, bus, tractor, and construction machinery, gave notice to 95 employees due to a decrease in orders from the vehicle industry. Arvika Gjuteri, a subsidiary of the Indian Sakhti Auto Group, will reduce its workforce within a week.


Sources

  • 10 January 2009: Svenska Dagbladet

Citation

Eurofound (2009), Arvika Gjuteri, Internal restructuring in Sweden, factsheet number 67952, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67952.