Type
Closure
Country
Sweden
Region
Sydsverige; Blekinge län;
Location of affected unit(s)
Kallinge
Sector
Manufacturing
Manufacture Of Wood And Paper Materials
Manufacture Of Paper And Paper Products
17.12 - Manufacture of paper and paperboard

130 jobs
Number of planned job losses
Job loss
Announcement Date
4 February 2014
Employment effect (start)
4 February 2014
Foreseen end date

Description

Paper manufacturer Cascades is to close the site Cascades Djupafors in Kallinge, making all 130 staff redundant.

The closing is due to a loss of SEK 115 million in the past seven years.

Cascades is based in Canada.


Sources

  • 4 February 2014: Svenska Dagbladet
  • 4 February 2014: Sverige Radio P4

Citation

Eurofound (2014), Cascades Djupafors, Closure in Sweden, factsheet number 76556, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/76556.