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 Basic Metals 24.2 - Manufacture of tubes, pipes, hollow profiles and related fittings, of steel
100 jobs Number of planned job losses
Announcement Date
12 October 2011
Employment effect (start)
12 October 2011
Foreseen end date
Description
Outokumpu Stainless Tubular Products, a Finnish supplier and manufacturer of stainless steel products, will cut approximately 100 jobs due to internal restructuring. The company will close its factory in Torshälla, Sweden, and move some of the production to Jakobstad in Finland.
Outokumpu Stainless Tublar Products AB is a subsidarity of the larger group Outokumpu Stainless AB.
Sources
11 October 2011: Dagens Nyheter
Citation
Eurofound (2011), Outokumpu Stainless Tubular Products AB, Internal restructuring in Sweden, factsheet number 72586, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/72586.
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