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.
Iggesund Paperboard, manufacturer of virgin fibre paperboard for use in the packaging and graphics sectors, has announced that it is to reduce the workforce by 100 people, from the current 900 to 800 employees at its mill in Iggesund. The measure is aimed at making the operations more efficient and is undertaken due to hard competition in the market and high cost pressure.
The ambition is that the downsizing will be done through natural attritions (retirements) over a two-year period.
Iggesund Paperboard is a member of the Holmen Group.
Eurofound (2012), Iggesund Paperboard, Internal restructuring in Sweden, factsheet number 74286, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/74286.
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