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 Rubber And Plastic Products And Other Non-Metallic Mineral Products Manufacture Of Other Non-Metallic Mineral Products 23.51 - Manufacture of cement
195 jobs Number of planned job losses
Announcement Date
21 October 2015
Employment effect (start)
Foreseen end date
Description
Finnish cement producer, Rudus, is starting employer-employee negotiations concerning around 530 employees in Finland. Up to 195 people may be made redundant or offered reduced working hours. Pension arrangements may also be possible. The need for reduction is due to slow demand in the construction market that is showing no signs of improvement. Rudus is planning to reorganise its operations. Rudus is part of the Irish CRH group.
Sources
21 October 2015: Taloussanomat.fi
Citation
Eurofound (2015), Rudus, Internal restructuring in Finland, factsheet number 85244, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/85244.
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