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Huhtamaki Oyj Considers Closing Viul Plant in Norway; to Reorganize Foodservice Plastics Unit in Alf, Germany and Carry out Strategic Review of Foodservice Plastics Unit in Italy
Huhtamaki Oyj announced that employee cooperation procedures have been initiated within the Company's Foodservice unit in Viul, Norway, with a view to close the plant. The potential closure of the Viul plant in Norway is planned to take place during the third quarter of 2013 and would affect approximately 55 people. In addition the Foodservice plastics unit in Alf, Germany, is being reorganized to improve the segment's competitiveness and focus on supporting its core businesses. The reorganization will result in certain asset write-offs and it is expected to affect some employees. Furthermore, a strategic review has been initiated in the Company's Foodservice plastics unit in Italy. The unit is loss making.
Latest Developments for Huhtamaki Oyj
- Huhtamaki Oyj Announces New Chairman and Elects Auditor
- Huhtamaki Oyj Initiates Employee Cooperation Procedures in Foodservice Units
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- Huhtamaki Oyj Proposes FY 2012 Dividend of EUR 0.56 per Share; Announces Non-Executive Independent Chairman of the Board Mikael Lilius to Step Down
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