EMCC European Monitoring Centre on Change

Valmet Automotive

Company/Organisation:
Valmet Automotive

Geographic Location

Country: Finland
Region: Etelä-Suomi; Manner-Suomi
Location of affected unit(s): Uusikaupunki, Salo

Company

Sector: Manufacturing
Manufacture of transport equipment
29.10 - Manufacture of motor vehicles
Number Employed: 14000
Group: Valmet Automotive Group

Employment Effects

Announcement Date: 09-03-2021
Type of Restructuring: Business expansion
Employment Effect Start: 09-03-2021
Planned Job Creation: 1000

Additional Information

Finnish motor vehicle manufacturer Valmet Automotive recruits in total 1,000 new employees to its manufacturing sites in Salo and Uusimaa, both located in the southern part of Finland. 700 new employees will be hired in Uusimaa and 300 in Salo. The company plans to hire both white-collar and blue-collar workers to work with manufacturing of batteries and vehicles.

According to the company, the need for new employees has to do with a rapid and significant increase of new orders. In addition, the expansion of the Salo manufacturing site - where the company produces batteries - and the construction of a new battery manufacturing site in Uusikaupunki have increased the need for workforce. The company has recovered fast from the drop in turnover caused by the COVID-19 pandemic.

The recruited workforce will be given permanent employment contracts, and the company will provide training for new employees.

In 2020, Valmet Automotive hired 400 employees in Uusikaupunki and 200 employees in Salo. According to the 2019 annual report, they employ approximately 14,000 people. 

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