EMCC European Monitoring Centre on Change

Epiroc

Company/Organisation:
Epiroc

Geographic Location

Country: Sweden
Region: Östra Mellansverige
Location of affected unit(s): Örebro, Fagersta

Company

Sector: Manufacturing
Manufacture of machinery and equipment n.e.c.
28.92 - Manufacture of machinery for mining, quarrying and construction
Number Employed: 3100

Employment Effects

Announcement Date: 02-06-2020
Planned Job Reductions min: 425
Planned Job Reductions max: 425
Type of Restructuring: Internal restructuring

Additional Information

Epiroc, the Swedish mining product manufacturer, has announced its plan to dismiss about 425 employees in Sweden. The majority of these dismissals concern employees in Örebro where 350 workers will lose their jobs. In Fagersta, about 75 employees will be dismissed.

According to Epiroc, restructuring is mainly relating to the effects of the COVID-19 pandemic and to the need to adapt business activity to the new market situation and to the decreased global demand for mining products. Epiroc underlines that the restructuring event is also continuation to efficiency measures taken by the company in 2019.

Epiroc is a is a mining product manufacturer that has over 14,000 employees worldwide and facilities in Sweden, United States, Canada, Australia, China, India and Germany. The company is based in Sweden.

 

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