Ur Outokumpus pressrelease 2014-02-13;

Outokumpu also evaluated options for achieving increased efficiency in its thin and precision strip operations in Kloster, Sweden and Dahlerbrück, Germany. Kloster unit has been implementing a restructuring program since June 2011 to turn the unit back to profitability. Despite increased efficiencies the unit continues to be loss making and therefore Outokumpu plans to close down the Kloster unit by the end of 2014. Outokumpu will honor its commitments to the Kloster customers during the transition period whilst planning to move Kloster production to its other sites in Europe. Kloster has approximately 170 employees and it had a production volume of approximately 18,000 tonnes of stainless steel in 2013.

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Outokumpu will start negotiations with employee representatives in Sweden on the planned measures in full respect of local legislation and practices. The planned measures are expected to result in annual savings of approximately EUR 15 million.

I dag har vi all rätt att vara förbannade….

I morgon tar vi nya tag mot en ljusare framtid….

Per