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 (22 - 23) Manufacture of rubber, plastic and non-metallic minerals 22.2 - Manufacture of plastic products 22.22 - Manufacture of plastic packing goods
92 jobs Number of planned job losses
Announcement Date
2 February 2012
Employment effect (start)
Foreseen end date
1 June 2013
Description
Paccor Finland, a producer of plastic packing materials, has announced redundancies of 92 employees in its Hämeenlinna plant. Cuts include dismissals of permanent employees as well as expiring fixed-term contracts. The company expects to carry out dismissals in 2012 and complete other reduction measures in spring 2013.
Paccor has been building a highly automated factory in the same area. Its completion will eliminate large amounts of manual work, the company reports.
Sources
2 February 2012: YLE Internet News
Citation
Eurofound (2012), Paccor Finland, Internal restructuring in Finland, factsheet number 73041, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/73041.