Arctic Paper Munkedals AB

Type
Internal restructuring
Country
Sweden
Region
Södra Sverige; Västsverige; Västra Götalands län
Location of affected unit(s)
Munkedal
Sector
Manufacturing
(16 - 17) Manufacture of wood and paper materials
17.1 - Manufacture of pulp, paper and paperboard
17.12 - Manufacture of paper and paperboard
45 jobs
Number of planned job losses
Job loss
Announcement Date
1 February 2011
Employment effect (start)
28 February 2011
Foreseen end date
28 November 2011

Description

Artic Paper Munkedal AB, a paper producing company in the west of Sweden, will dismiss 45 employees during 2011. Due to a strong domestic currency and high prices in energy and commodities, the company has experienced reduced profitability. Both blue and white collar workers will be affected.   

Sources

  • 1 February 2011: Sveriges Radio

Citation

Eurofound (2011), Arctic Paper Munkedals AB, Internal restructuring in Sweden, factsheet number 71665, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/71665.