Tikkurila will start statutory co-operation negotiations with all of Tikkurila Oyj’s personnel, currently totaling about 600 persons.
Tikkurila Oyj’s Vantaa site produces and sells decorative paints and industrial coatings for both the Finnish market as well as for export to Russia and other countries. About half of Tikkurila Oyj’s revenue relates to exports.
In the negotiations to be started the estimated maximum headcount reduction is 100 persons. The target is to adjust the Finnish personnel to fit current volume level, and to find new, more flexible ways to introduce products and services that fit customers’ needs. Moreover, the aim is to change operational and organizational structures and to ensure company’s cost competitiveness.
“Our sales volumes have already for a long time decreased in both Finland and Russia, and we have tried to adapt to this trend without any significant changes in our headcount. However, as the situation in Russia has become more difficult and as both countries’ economic situation is very weak, we have to adjust our operations and to carry out structural changes also in Finland,” states Erkki Järvinen, President and CEO of Tikkurila Oyj.
Source: Tikkurila Oyj
We are closing the chapter of the Chemicals Import Export Headquarters, and opening a new chapter under the name of Qemetica – a chemical group driving many industries on all continents. Therefore, the change of name is also accompanied by the adoption of the key goals of the business strategy for the next 6 years. – says Kamil Majczak, President of the Management Board.
In its efforts to advance chemical recycling, Neste has successfully conducted its first processing trial run with a new challenging raw material, liquefied discarded tires. In the processing run, Neste produced high-quality raw material for new plastics and chemicals.
Sika is opening a state-of-the-art facility in Lima, Peru, to produce synthetic macro fibers, and expanding the rollout of a product range with great growth potential in Latin America. With this innovative technology, Sika is further strengthening its position as a leading supplier to the mining industry and a strong partner for infrastructure projects.