Sapa’s profile operations in Sweden announce redundancies in Vetlanda and Finspång

Sapa’s profile operations has given notice that 86 employees are to be made redundant – 71 in Vetlanda and 15 in Finspång, Sweden. The announcement affects 63 salaried employees and 23 employees under collective contract. Negotiations with trade union representatives (under the 1976 Co-Determination Act) will begin as soon as possible.

The redundancies follow an extensive reorganisation process that has necessitated a complete review of operations.

“It’s never easy to have to inform so many employees about redundancies,” says Tony Elfström, CEO, “but in order for our company to remain competitive it is essential that we improve the efficiency of our operations. The redundancies that have been announced will safeguard our long-term competitiveness and make us more profitable. We also believe that the new organisation will enhance our customer service in many ways and further secure our position as the market leader in Sweden.”

For more information, contact Tony Elfström, CEO, telephone: +46 (0)383-942 63, mobile +46 (0)72-202 63 80, or Eva Ekselius, Communications Manager at Sapa Profiler AB, telephone: +46 (0)383-942 89, mobile +46 (0)70-664 08 54.

Sapa’s profile operations in Sweden comprise Sapa Profiles; Sapa Profile Finishing; Sapa Components¸ Sapa Painting and Sapa Profile Bending. These operations employ around 1,200 people and have a turnover of SEK 2.8 billion.

Sapa is an international industrial group that develops, manufactures and markets value-added aluminium profiles, profile-based building systems and heat exchanger strip in aluminium. Sapa has an annual turnover of approximately SEK 33 billion and has about 15.000 employees all over Europe and in North America and Asia. The company is a world leader in its field and its customers are found in the transport, telecom, engineering and building sectors. Sapa is part of the Norwegian Orkla Group.