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.
Sweden (Boras, Karlskrona, Umea); Finland (Tampere)
Sector
Manufacturing Manufacturing Of Machinery And Equipment Manufacture Of Machinery And Equipment N.E.C. 28.1 - Manufacture of general-purpose machinery
100 jobs Number of planned job losses
Announcement Date
16 November 2012
Employment effect (start)
Foreseen end date
Description
Specma, Swedish manufacturer of hydraulic systems, is planning to close down operations at its plants in Boras, Karlskrona, Umea and in Finnish Tampere. Around 100 jobs will result from these closures.
According to the company’s Vice President, these facilities and the company will be increasingly focusing on its operations in Örnsköldsvik in Sweden and Stargard, Poland.
There is no information yet on when the restructuring will take place.
Sources
16 November 2012: Svenska Dagbladet
Citation
Eurofound (2012), Specma, Internal restructuring in European Union, factsheet number 74652, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/74652.
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