Nordkalk's codetermination negotiations finalised: Operations will continue at all locations in Finland
Nordkalk Corporation, producer of limestone-based products, ended yesterday the codetermination negotiations that concerned the company's entire personnel in Finland.
The goal of the codetermination negotiations was to find a new operations model in order to improve cost efficiency and competitiveness of the company in a changed market situation. Demand for limestone-based products has decreased especially in Nordkalk's big customer segments construction materials and paper industry. In addition, the paper industry is in the midst of a long-term structural change.
Both production capacity and organisational structure were reviewed in the codetermination negotiations. The outcome is that operations will continue at all current locations but production will be centralised in order to raise capacity utilisation rate. At the same time overlapping positions will be cut, and thus the number of personnel in Finland will drop from current 471 to 418. The personnel cuts will be carried out by end-June 2014 and for a big part through retirements arrangements.
For further information and complete press release, go to: www.nordkalk.com.
Nordkalk is the leading producer of high quality limestone-based products in Northern Europe. The products are used mainly in the paper, steel and building materials industries as well as in environmental care and agriculture. The product brand is Nordkalk. The company's turnover for 2012 totalled EUR 351.0 million. Nordkalk employs some 1,100 people and has operations at more than 30 locations e.g. in Finland, Sweden, Norway, Poland, Estonia and Russia. Nordkalk is a member of the Rettig Group.