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.
(10 - 33) Manufacturing (16 - 17) Manufacture of wood and paper materials 17.1 - Manufacture of pulp, paper and paperboard 17.12 - Manufacture of paper and paperboard
45 jobs Number of planned job losses
Announcement Date
1 February 2011
Employment effect (start)
28 February 2011
Foreseen end date
28 November 2011
Description
Artic Paper Munkedal AB, a paper producing company in the west of Sweden, will dismiss 45 employees during 2011. Due to a strong domestic currency and high prices in energy and commodities, the company has experienced reduced profitability. Both blue and white collar workers will be affected.
Sources
1 February 2011: Sveriges Radio
Citation
Eurofound (2011), Arctic Paper Munkedals AB, Internal restructuring in Sweden, factsheet number 71665, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/71665.
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