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.
The Finnish footwear manufacturer Sievin Jalkine will hire an estimated 100 new employees in 2018 due to increasing demand and production. The growth is due especially to a commission in 2017 by the Swedish army for 212,000 pairs of boots. The production and delivery of this order will continue until 2022. The turnover of Sievin Jalkine increased by 20% in 2017 and the company hired around 70 new employees. The company aims at 7-8% annual growth in upcoming years.
As of January 2018, Sievin Jalkine employs approximately 400 people at its production site in Sievi.
Eurofound (2018), Sievin Jalkine, Business expansion in Finland, factsheet number 92949, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/92949.