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27 Oct
13:30

Ovako to close various sites in Scandinavia

Ovako has decided on a restructuring programme that will affect 300 employees and several production sites in Sweden, as well as distribution centres in Finland. It is struggling against overcapacity in a market of low growth expectations, the firm tells Kallanish. The closures will affect the rolling mill for long speciality products in Hällefors, and the Forsbacka production and distribution unit, with production volumes of both these plants to be moved t…
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