Terrafame pursues annual savings of EUR 10 million and initiates change negotiations
Terrafame follows a model of continuous improvement, actively seeking ways to enhance its profitability. The challenges seen in the electric vehicle market in 2023, especially in the Chinese market, have also affected Terrafame’s battery chemicals business. Terrafame has decided to initiate a profitability programme, aiming for EUR 10 million in annual savings. The goal is to improve the company’s international competitiveness and profitability. The company is currently implementing significant investment programmes, which are necessary for the continuation of its operations and