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 Manufacture Of Basic Metal And Fabricated Metal Products Manufacture Of Fabricated Metal Products, Except Machinery And Equipment 25 - Manufacture of fabricated metal products, except machinery and equipment
New offshoring locations
Belarus
96 jobs Number of planned job losses
Announcement Date
11 November 2009
Employment effect (start)
Foreseen end date
Description
Hand tool manufacturer SNA Europe announced 96 redundancies in Bollnäs and Lidköping due to the recession. SNA Europe will dismiss 66 and 30 workers at Bollnäs and Lidköping respectively as reduced orders have driven a need to lower the production costs. Subsequently, some of the production will be outsourced to Belarus.
The Swedish divisions of SNA Europe have 595 employees at several locations: the manufacturing divsions are in Lidköping, Edsbyn and Bollnäs while the distribution division in Sandviken and the sales office in Enköping.
For more information, please earlier fact sheets I and II.
Sources
11 November 2009: Svenska Dagbladet
Citation
Eurofound (2009), SNA Europe, Offshoring/Delocalisation in Sweden, factsheet number 69887, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69887.
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