Restructuring at STX Finland
Aerial view of Rauma Shipyard
As part of the scheme, current operations at the Rauma Shipyard will be ceased and functions shifted to the Turku Shipyard as the anticipated volume of future demand was not enough to sustain two shipyards at STX Finland, the shipbuilder said. As the Turku Shipyard is able to build all types of vessels the restructuring will not limit the company’s offering or reduce the volume of its operations, it said.
The restructuring will involve the entire company and its personnel in both Turku and Rauma. As a result, the Turku and Rauma shipyards will be reducing their workforce by about 700 person by the end of June 2014. STX Finland is pursuing negotiations with personnel on how the restructuring is to be implemented, what its impact will be on the various personnel groups and what the timetable will be. The company will be offering concrete support and employment measures for employees who would be laid off as a result of the restructuring; these measures will be planned in cooperation with the employment authorities, according to STX Finland.
