Type
Internal restructuring
Country
Finland
Region
Manner-Suomi;
Location of affected unit(s)
Karhula, Mikkeli
Sector
Manufacturing
Manufacture Of Rubber And Plastic Products And Other Non-Metallic Mineral Products
Manufacture Of Other Non-Metallic Mineral Products
23.14 - Manufacture of glass fibres

230 jobs
Number of planned job losses
Job loss
Announcement Date
24 August 2011
Employment effect (start)
Foreseen end date

Description

Ahlstrom Glassfibre has announced redundancies of up to 230 workers in two of its units in Finland. The company starts mandatory negotiations with employee representatives on the proposed cuts.

The company is part of Ahlstrom Group, a high performance materials manufacturer. The two units are located in Karhula and Mikkeli, and they produce glassfibre, specialty reinforments, and glassfibre tissue. Ahlstrom cites as reasons increased competition in the markets and inability to to compensate for higher production costs in its selling prices. Temporary lay-offs are also considered as an option to permanent ones.


Sources

  • 24 August 2011: Taloussanomat
  • 24 August 2011: Helsingin Sanomat
  • 24 August 2011: Tekniikka & Talous

Citation

Eurofound (2011), Ahlstrom Glassfibre, Internal restructuring in Finland, factsheet number 72306, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/72306.