HANZA subsidiary complete conversion to logistics company in Vaasa through restructuring
HANZA today filed for company restructuring of its subsidiary HANZA Finland, Vaasa Oy. The restructuring is done to finalize the transformation of the site into a logistics and service center. During the reconstruction operations in Vaasa continues according to plan. The measure is not expected to lead to any increased costs for the HANZA GroupAs a final part of the acceleration program Frontrunner, HANZA decided in October 2016 to discontinue the sheet metal manufacturing in Vaasa, Finland, and transform the company into a logistics- and service-center to support local customers. HANZA