Type
Business expansion
Country
Sweden
Region
Övre Norrland;
Location of affected unit(s)
Svappavaara
Sector
Mining / Quarrying
Mining And Quarrying
Mining Of Metal Ores
07.1 - Mining of iron ores

500 jobs
Number of planned job creations
Job creation
Announcement Date
2 October 2014
Employment effect (start)
Foreseen end date

Description

Swedish iron mining company LKAB has announced the creation of 500 new jobs in Svappavaara where they are opening two new iron ore mines. As Svappavaara has a relatively low unemployment the recruitment process will target all of the Norrland region. 

LKAB is government owned and employs around 4,100 people of which 600 are outside of Sweden. Earlier this year LKAB announced another business expansion in Mertainen.


Sources

  • 2 October 2014: Sveriges Radio

Citation

Eurofound (2014), LKAB, Business expansion in Sweden, factsheet number 77633, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/77633.