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 For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.1 - Manufacture of motor vehicles
200 jobs Number of planned job losses
Announcement Date
24 September 2014
Employment effect (start)
30 September 2014
Foreseen end date
Description
Swedish holding company National Electric Vehicle Sweden (Nevs), which has acquired the assets of Saab Automobile among others, is reducing its workforce at its automobile factory in Trollhättan by 200 as a result of a delay in the start of production. On May 20, 2014, Nevs announced 'a short term stop of production' due to cash flow problems. The workers who remain at the factory will keep the factory in shape till the production can start again. The reductions will take effect by the end of September.
Sources
24 September 2014: Svenska Dagbladet
24 September 2014: Nevs (Press Release)
Citation
Eurofound (2014), National Electric Vehicle Sweden, Internal restructuring in Sweden, factsheet number 77618, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/77618.
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