Cargotec completes operational adjustments

As a result, a total of approximately 105 man years will be reduced in offices and production sites in Finland, where it employs around 1,000 people. By discontinuing temporary agreements, open vacancies that will not be filled and other arrangements, 33 positions will not be continued

In addition, around 72 people will be made redundant in the global support functions, corporate functions, services business area, region EMEA and terminals business area. These measures will impact Tampere units (65 contracts terminated), Helsinki (31 contracts terminated), and Kaarina and Turku (9 contracts terminated).

Anne Westersund, vice president of communications and marketing, Cargotec, told Port Strategy: “Service business areas and region EMEA organisations will be integrated into Marine, Terminals and Load Handling business areas (Business areas will be named MacGregor, Kalmar and Hiab as of January 2013). The new operating model will also support the preparation of Marine’s listing in Asia.”

She added: “With the changes, the goal is to enable faster decision making, improve efficiency and ensure profitable growth. Cargotec will enable a strong foothold in the target markets and the driving force behind future growth.”

Negotiations are still underway in other countries possibly affected by the new operating model, including Sweden where Cargotec plans to move the future production of its smaller loader cranes to its unit in Stargard, Poland. It is expected that this change will result in around 150 employee reductions.