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 Computer, Electrical Electronic And Optical Products Manufacture Of Computer, Electronic And Optical Products 26.3 - Manufacture of communication equipment
270 jobs Number of planned job creations
Announcement Date
26 February 2016
Employment effect (start)
Foreseen end date
Description
American secure smartphone manufacturer Turing Robotics Industries (TRI) is to move its manufacturing operations and its global headquarters to Salo, Finland resulting in up to 270 new jobs. Turing Robotics Industries CEO has stated that the company plans to produce 300.000 smartphones during 2016 and that 10-20 local staff will be hired for every 1000 phones produced, with a cap of 270 employees being hired according to the chief executive officer. The employment process will be finished before the end of May.
The ERM has previously reported on Finish communications cooperation Nokia'soffshoring of 1000 jobs from Salo in 2012.
Sources
29 February 2016: Helsinki Times
26 February 2016: HBL.fi
2 March 2016: Salun Seudun Sanomat
Citation
Eurofound (2016), Turing Robotics Industries, Business expansion in Finland, factsheet number 86637, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/86637.
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