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Fiskars Oyj Abp Plans EMEA Restructuring Program
Fiskars Oyj Abp announced that the Company introduces a restructure program to optimize operations and sales units in the EMEA region. The targeted annual cost savings of the planned program are around EUR 9-11 million, subject to the full implementation of the program. The targeted cost savings would be achieved gradually, and the majority of the savings are expected to materialize in the Group’s results in 2015. Planned measures will be negotiated and communicated locally in each country when they become more concrete.
Latest Developments for Fiskars Oyj Abp
- Fiskars Oyj Abp Plans Restructuring of Sorsakoski Cookware Factory Possibly Resulting in Reduction of 16 Positions
- Fiskars Oyj Abp Centralizes Glass Manufacturing and Expands Iittala Factory; Concludes Codetermination Negotiations
- Fiskars Oyj Abp Maintains FY 2013 Financial Guidance
- Fiskars Oyj Abp To Centralize Glass Manufacturing and Lay Off Employees-DJ
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