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 24.42 - Aluminium production
60 jobs Number of planned job losses
Announcement Date
21 March 2014
Employment effect (start)
21 March 2014
Foreseen end date
Description
Russian producer of primary aluminium Kubal announced to cut 60 positions at its site in Sundsvall.
This is part of an adaption to an international crisis in the aluminium industry, requiring Kubal to close 120 of its 300 smelters. According to the company, there is no full closure of the site planned. However, another 100 jobs might be cut at the same plant by the end of September, if no alternative solution to the crisis is found.
In 2008, the ERM reported on previous internal restructuring at Kubal.
Sources
21 March 2014: Aluminium Scandinavia
Citation
Eurofound (2014), Kubal, Internal restructuring in Sweden, factsheet number 76765, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/76765.
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