Assa Abloy

Type
Offshoring/Delocalisation
Country
Sweden
Region
Östra Sverige; Östra Mellansverige; Södermanlands län
Location of affected unit(s)
Eskilstuna
Sector
Manufacturing
(24 - 25) Manufacture of metals
25 - Manufacture of fabricated metal products, except machinery and equipment
25 - Manufacture of fabricated metal products, except machinery and equipment
New offshoring locations
China, Romania
100 jobs
Number of planned job losses
Job loss
Announcement Date
12 October 2006
Employment effect (start)
Foreseen end date

Description

The lock manufacturer Assa Abloy is going to cut 100 out of 400 jobs in Eskilstuna. The management declared that benefits were too low and that, consequently, part of the production needed to be transferred to China and Romania. Thomas Perman, CEO of the company, said that further restructuring measures may be approved depending on next year's business trends.

Sources

  • 12 October 2006: Dagens Industri
  • 12 October 2006: Sveriges Radio
  • 8 February 2007: Sveriges Radio
  • 8 February 2007: Dagens Nyheter

Citation

Eurofound (2006), Assa Abloy, Offshoring/Delocalisation in Sweden, factsheet number 64263, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/64263.