Valmet Plans Changes to its Manufacturing Footprint in Sweden and Poland
The purpose of the planned changes is to support Valmet’s long term competitiveness of its Biomaterial Solutions and Services segment and the efficiency of its global manufacturing network, in line with the company’s Lead the Way strategy. As uncertainty in the global economy remains high and continues to impact customers’ decision making, the company plans to assess actions that would enable it to adapt to the market situation. These plans concern at maximum 170 roles in Sundsvall, at maximum 55 roles in Gothenburg and at maximum 130 roles in Jelenia Góra.
Valmet drives global competitiveness through its Global Supply unit and targets EUR 100 million in cost efficiencies from procurement, logistics and the optimization of production by 2030. The planned actions in Sweden and Poland represent main footprint related measures currently identified in the Global Supply unit. As a result of these planned changes, Valmet estimates the potential annual run rate net cost savings would be approximately EUR 20 million, with full run-rate achieved by early 2027.
The planned closure of the manufacturing in Sundsvall and proposed changes in Gothenburg and Jelenia Góra will be discussed with employee representatives in both countries according to local legislation and practices. Valmet is committed to working closely with its employees and their representatives to ensure a smooth negotiation process and will provide support to employees throughout the planned change.
Valmet is also focused on ensuring uninterrupted deliveries and project execution to the customers.
Source: Valmet Oyj
