Sector News

Raisio to reach an interim decision in cooperation negotiations

March 23, 2018
Food & Drink

Raisio Group’s employee co-operation negotiations launched at the end of January 2018 have been largely completed. At this point, it was decided that a total of 20 employments will be terminated. The terminations will be carried out through retirements, voluntary arrangements and redundancies, and partly through the termination of fixed-term employment contracts.

Raisio’s initial estimate of the reduction need was 30 jobs and it is expected to take place gradually. Once Raisio has completed the negotiations related to the possible divestment of its feed businesses announced at the end of 2018, it will also be possible to close the cooperation negotiations in terms of employments closely related to Raisioagro.

Raisio will direct all resources to support the strategic growth targets of its new Healthy Food Division. The cooperation negotiations were launched to ensure Raisio’s competitiveness and profitability. The negotiations concerned Raisio’s Group Services as well as the new Healthy Food Division’s marketing, product development and support functions. A total of 115 were within the negotiations.

Source: Raisio

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