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.
Finnish owned chemical company Kemira Kemi has announced that it is to cut 40 employees at its plant in Helsingborg.
The measure is introduced in order to reduce costs and is a part of Kemira Group's global savings program which was announced in July earlier this year. The saving program is to improve the company's profitability and internal efficiency and assumes the total of 600 dismissals.
Kemira Kemi has approximately 290 employees in the Helsingborg plant. The downsizing will affect both white collar-workers and blue collar-workers, the distribution between them is not yet clear. As of September 2012 there has been no information on when the job cuts will be implemented by. Some of the redundancies in Helsingborg are expected to be carried out through early retirements and redeployment.
Kemira Kemi is owned by Kemira Oyj which has plants in 40 countries and employs approximately 10,000 people.
Eurofound (2012), Kemira Kemi, Internal restructuring in Sweden, factsheet number 74113, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/74113.
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