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 (20 - 21) Manufacture of chemicals and pharmaceuticals 20.3 - Manufacture of paints, varnishes and similar coatings, printing ink and mastics 20.3 - Manufacture of paints, varnishes and similar coatings, printing ink and mastics
No information on job gains number available
Announcement Date
3 October 2018
Employment effect (start)
1 January 2019
Foreseen end date
1 December 2019
Description
TIkkurilla is a Finnish company producing coatings and printing in different facilities located in 8 countries. In 2018, the company decided to implement an efficiency program and optimize the production network to enhance the company profitability. Within this efficiency project, the company decided to relocate the production of energy-efficient roof coating from a small production unit in Denmark to Finland. The relocation will determine the closure of the Danish unit, and the lost of around 20 job positions.
Eurofound (2018), Tikkurila, Reshoring in Finland, factsheet number 8, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/8.