Business Services Industry
AB Sardus cuts 70 jobs within light meals
Nordic Business Report, Jan 4, 2007
NORDIC BUSINESS REPORT-4 January 2007-AB Sardus cuts 70 jobs within light meals(C)1994-2007 M2 COMMUNICATIONS LTD http://www.m2.com
Swedish sandwich toppings and frozen foods supplier AB Sardus said on Thursday (4 January) that its light meals business unit Sardus Latta Maltider Holding AB has decided to reduce the number of employees at its operations in Stockholm, Norrkoping and Halmstad.
The job cuts, affecting some 70 people, are part of a comprehensive action plan initiated to turn the business unit to profitability. The plan involves rationalisation measures within production as well as a significant concentration of the product range.
Sardus, headquartered in Helsingborg in Sweden, is one of Sweden's leading producers of sandwich toppings and suppliers of frozen foods for institutional customers. The group has some 1,000 employees and a turnover of approximately SEK2bn. Sardus is listed on the Nordic Exchange in Stockholm.
One British pound (GBP) is worth approximately 13.38 Swedish kronor (SEK).
((Comments on this story may be sent to nbr.feedback@nordicbusinessreport.com))
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Design a commission plan that drives sales - Sales Commissions
Most Popular Business Publications
Content provided in partnership with
