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 Food And Beverage Manufacture Of Food Products 10.1 - Processing and preserving of meat and production of meat products
51 jobs Number of planned job losses
Announcement Date
26 February 2019
Employment effect (start)
26 February 2019
Foreseen end date
31 December 2019
Description
Finnish meat producer Atria has announced plans to cut 51 jobs. The jobs will be cut at Atria's pig cutting plant in Nurmo, where 380 people are employed. The number of redundancies is slightly lower than originally expected due to the negotiations that took place between the administration and the workers’ representatives.
According to Atria, the reorganisation is due to lower pork demand in Finland. With annual cost savings of €1.5 million, the company is looking to improve the profitability and competitiveness of the Nurmo plant.
Sources
26 February 2019: Atria (press release) (www.atria.fi)
Eurofound (2019), Atria, Internal restructuring in Finland, factsheet number 97338, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/97338.
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