Company/Organisation:
Nolato
Geographic Location
Country:
Sweden
Region:
Sydsverige
Location of affected unit(s):
Kristianstad
Company
Sector:
Manufacturing
Manufacture of rubber and plastics products, and other non-metallic mineral products
22 - Manufacture of rubber and plastic products
Group:
Nolato
Employment Effects
Announcement Date:
28-10-2003
Planned Job Reductions min:
150
Planned Job Reductions max:
150
Type of Restructuring:
Offshoring/Delocalisation
Additional Information
Nolato, specialised in the development and manufacture of polymer products, will relocate part of its activities from Sweden to China in order to meet its customers demand in the mobile telephone sector, which require components to be available directly in China. The change in the demand structure will lead to the take-on of 250 people in Bejing (China) and a personnel reduction of 150 people in Kristianstad (Sweden).
Sources:
28-10-2003Nolato (press release)
28-10-2003Dagens Nyheter
Sources Links:
http://investors.nolato.com/index.php?p=press2&s=detail&afw_id=1129799&afw_lang=en