Ovako broadens restructuring program 2016-2017
The restructuring program that Ovako launched in November 2015 is being broadened. The annual cost saving for the entire program is now increased from EUR 45 million to EUR 50 million, with full effect in 2018. The planned reduction of employee numbers is also increased from 250 to 300."The restructuring program that was launched in November is progressing well. We have now identified ways to further reinforce our restructuring program to strengthen our competitiveness in the market. It is of the utmost importance to reduce costs and ensure the future strength of our business," says Marcus
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