Type
Business expansion
Country
Finland
Region
Manner-Suomi; Länsi-Suomi; Pohjanmaa
Location of affected unit(s)
Sector
Manufacturing
Manufacture For Transport Equipment
Manufacture Of Other Transport Equipment
30.1 - Building of ships and boats

30 jobs
Number of planned job creations
Job creation
Announcement Date
2 June 2017
Employment effect (start)
Foreseen end date

Description

Finnish manufacturer of boats, Baltic Yachts, is expanding with 30 new employees during 2017. The company's revenue increased with 14.6% last year and the order book is filled creating a need for an expansion of the business and new employees. In addition to the 30 new employees to be hired Baltic Yachts has already hired 20 employees during 2017. 

The ERM has previously reported on growth and new jobs within the Finnish shipbuilding industry with the Turku Shipyard expanding with 500 new employees during 2017-2018.


Sources

  • 2 June 2017: Vasabladet

Citation

Eurofound (2017), Baltic Yachts, Business expansion in Finland, factsheet number 91081, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/91081.