Independent journal on economy and transport policy
20:08 GMT+1
This page has been automatically translated by Original news
Radical restructure of shipbuilding society Finnish STX Finland
The activities carried out in the yard of Rauma will be transferred in the plant of Turku. They will be cut job 700 places
September 16, 2013
Navalmeccanico group STX Europe has announced today a radical restructure of own Finnish division STX Finland that will involve the transfer of the activities currently carried out in the ship yard of Rauma to the plant of Turku and the cut of about job 700 places. The decision is assumed yesterday unanimously by the board of directors of STX Finland. The company has specified that the execution of the plan has the consent also of the main shareholder of STX Finland, that is of the South Korean group STX Corporation.
"The assumed decisions today - has declared executive vice-president and vice managing director of STX Finland, Jari Anttila - are based on a realistic esteem of the current state of the company and the perspectives of market and will allow to interrupt the vicious circle of the losses of the society, committees to the sixth year, and to place the bases for a gainful activity".
The restructure plan will involve the entire activity and all the staff employed in the ship yards of Turku and Rauma, that it will be reduced altogether of about 700 units within the end of june 2014. STX Finland has emphasized that the initiative has the objective to save the Finnish shipbuilding industry and is time to safeguard potential the operating one of the society, than during the last few years has had to tackle to a decrease of the profits and a deficiency of orders. The company has specified that the transfer to Turku of the currently carried out activities near the Rauma yard becomes necessary as the previewed volume of the future question is not sufficient in order to support the activity of both ship yards.
STX Finland has remembered that the ship yard of Turku is able to construct all the types of ships and has evidenced that the restructure will not limit the offer of the society neither will involve a reduction of the volume of its activities.
"It displeases to us - it has concluded Anttila - have to take such difficult decisions that they will hit in particularly painful way the Rauma yard. But the alternative would have been the closing of the Finnish navalmeccanica industry and the end of our patrimony 300-year-old of shipbuilding. These decisions will allow with the naval industry to consolidate and to prosper in Finland".
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher