EMCC European Monitoring Centre on Change

NK Cables

Company/Organisation:
NK Cables

Geographic Location

Country: Finland
Region: Uusimaa; Etelä-Suomi; Manner-Suomi
Location of affected unit(s): Helsinki and Oulu (Manner-Suomi)

Company

Sector: Manufacturing
Manufacture of basic metals and fabricated metal products, except machinery and equipment
25 - Manufacture of fabricated metal products, except machinery and equipment
Number Employed: 800

Employment Effects

Announcement Date: 31-05-2002
Planned Job Reductions min: 300
Planned Job Reductions max: 300
Type of Restructuring: Internal restructuring

Additional Information

32 employees were made redundant in Helsinki and Oulu. 300 involved in the co-operation talks. Adapting to decreased demand.