Type
Internal restructuring
Country
Sweden
Region
Norra Mellansverige; Dalarnas län;
Location of affected unit(s)
Smedjebacken
Sector
Manufacturing
Manufacture Of Basic Metal And Fabricated Metal Products
Manufacture Of Basic Metals
24.1 - Manufacture of basic iron and steel and of ferro-alloys

66 jobs
Number of planned job losses
Job loss
Announcement Date
8 October 2009
Employment effect (start)
Foreseen end date

Description

Producer of special purpose steel products Ovako Steel will dismiss 66 employees at its plant in Smedjebacken. The redundancies are due to increased competition from China.


Sources

  • 8 October 2009: Dagens Arbete

Citation

Eurofound (2009), Ovako Steel, Internal restructuring in Sweden, factsheet number 69697, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69697.