Restructuring events
European Restructuring Monitor (ERM)
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.
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.
Eurofound (2014), LKAB, Business expansion in Sweden, factsheet number 77633, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/77633.