Sandvik accelerates change

Sandvik Steel has decided to intensify its ongoing programme of change through a review of the organisational structure at the main facility in Sandviken. The aim is to improve the unsatisfactory profitability through reduced costs, enhanced efficiency and increased flexibility. As a result of this action, the number of salaried employees in Sandviken is expected to be reduced by 140 positions. Wage earners in positions in which the job content is mainly administrative in nature may also be affected. Negotiations with the unions are being initiated immediately. A very sharp focus will also continue to be made on increased
productivity at the production facilities in Sandviken. Capacity utilisation will increase by at least 20%.

Previous articleIran: joint gas and oil project
Next articleConocoPhillips merger completed
Stainless Steel World is part of The KCI Media Group, a group of companies focused on building and sustaining global communities in the flow control industries. We publish news on a daily basis and connect business-to-business professionals through our online communities, publications, conferences and exhibitions.