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.
October 18 2010, Swedish manufacturer of polymer technology and rubber products, Trelleborg, announced to revise their decision taken on May 5 2010 on cutting all 200 jobs at the production site in Ersmark, Skellefteå, Sweden. A total of 160 employees will be offered to keep their positions. However, the work force will still be reduced, the company has declared 100 jobs will be cut. The reason for keeping the production site is evolving market conditions. The former decision, taken in May 2010, was to move the facilities to Italy, Malta and other parts of Sweden in order to remain cost effective in the long run.
The factory in Skellefteå makes rubber seals with industrial applications for heavy vehicles.
Eurofound (2010), Trelleborg, Internal restructuring in Sweden, factsheet number 70535, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/70535.