Wholesale and retail trade; repair of motor vehicles and motorcycles
46.73 - Wholesale of wood, construction materials and sanitary equipment
Planned Job Reductions min:
Planned Job Reductions max:
Type of Restructuring:
Puukeskus, a Finnish wholesaler of construction materials, has announced redundancies of up to 130 employees. The company has initiated negotiations with employee representatives on the proposed cuts.
Puukeskus has approximately 600 employees in 23 locations Finland, all of which are subject to the negotiations. The company cites deteriorated market situation and poor outlook as reasons for its decision. In addition, Puukeskus has units in Estonia and Russia, but these are not involved in this restructuring.
30-09-2011YLE Internet News