The restructuring of Itella Logistics operations in Denmark and Sweden concluded
As part of Itella Group’s EUR 100 million cost-cutting program, announced in August 2011, Itella Logistics started synergy-related restructuring needs in Sweden and Denmark. The plans, announced in February 2012, were estimated to lead to a headcount reduction of 70 permanent employees.
Upon the conclusion of the employee negotiations, the headcount reduction need was specified as 44 permanent employees. Itella Logistics has a total 403 employees in Sweden and Denmark.
Itella Logistics, part of Itella Group, supports and develops the business of its customer companies by providing them with service logistics solutions for road, sea and air freight, warehousing and other contract logistics. Customers may outsource an individual element of their logistics process, or even their entire supply chain, to us. Itella Logistics has operations in eight countries (Finland, Sweden, Denmark, Norway, Latvia, Lithuania, Estonia and Russia). The company provides global services through its partners. The net sales of Itella Logistics was in 2011 MEUR 732 and it employed 7,100 persons. www.itella.com/logistics.