Cooperation negotiations concerning the Rauma and Turku shipyards were carried out last month.<\/p>\n
The current operations at the Rauma shipyard will be closed down and functions shifted to the Turku shipyard. As a result, a total of 670 jobs will be terminated by the end of June 2014: 620 at Rauma and 50 at Turku.<\/p>\n
\u201cIn collaboration with national and regional employment authorities, the company will be offering concrete support and employment measures for employees who will be laid off as a result of the restructuring,\u201d said Jari Anttila, deputy CEO, STX Finland.<\/p>\n
In addition, around 80 people will transfer from Rauma to Turku.<\/p>\n
STX says both shipyards have been underutilized and the company\u2019s financial performance has been negative.<\/p>\n
These decisions are expected to adapt the company capacity to the expected volume of demand.<\/p>\n
The Turku shipyard is able to build all types of vessels, including ships requiring special arctic expertise, such as icebreakers.<\/p>\n","protected":false},"excerpt":{"rendered":"
STX Finland has completed major restructuring negotiations that will see a shift in operations to safeguard the future of the company and Finland\u2019s extended maritime industry.<\/p>\n","protected":false},"author":8,"featured_media":3664,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[7],"tags":[],"sponsor":[],"class_list":["post-3663","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.motorship.com\/propulsion-and-future-fuels-conference\/wp-json\/wp\/v2\/posts\/3663","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.motorship.com\/propulsion-and-future-fuels-conference\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.motorship.com\/propulsion-and-future-fuels-conference\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.motorship.com\/propulsion-and-future-fuels-conference\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.motorship.com\/propulsion-and-future-fuels-conference\/wp-json\/wp\/v2\/comments?post=3663"}],"version-history":[{"count":1,"href":"https:\/\/www.motorship.com\/propulsion-and-future-fuels-conference\/wp-json\/wp\/v2\/posts\/3663\/revisions"}],"predecessor-version":[{"id":3665,"href":"https:\/\/www.motorship.com\/propulsion-and-future-fuels-conference\/wp-json\/wp\/v2\/posts\/3663\/revisions\/3665"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.motorship.com\/propulsion-and-future-fuels-conference\/wp-json\/wp\/v2\/media\/3664"}],"wp:attachment":[{"href":"https:\/\/www.motorship.com\/propulsion-and-future-fuels-conference\/wp-json\/wp\/v2\/media?parent=3663"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.motorship.com\/propulsion-and-future-fuels-conference\/wp-json\/wp\/v2\/categories?post=3663"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.motorship.com\/propulsion-and-future-fuels-conference\/wp-json\/wp\/v2\/tags?post=3663"},{"taxonomy":"sponsor","embeddable":true,"href":"https:\/\/www.motorship.com\/propulsion-and-future-fuels-conference\/wp-json\/wp\/v2\/sponsor?post=3663"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}