Finnish poultry producer Atria has detailed plans to cut around 35 jobs in Sweden as part of a cost-cutting drive in the market.
The company said that it expects to generate annual cost savings of approximately EUR1.8m (US$2m), which will materialise in 2016. The reorganisation relates to sales, marketing and logistics functions in Sweden, Atria revealed.
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Union negotiations will be initiated immediately, the group added.
Atria has seen first-half organic sales come under pressure, with constant currency sales declining 6.6% in the first six months of this financial year. However, a focus on productivity has enabled Atria to maintain stable operating profit, with first-half EBIT at EUR7.2m versus EUR7.1m last year. The company initiated a cost-efficiency drive in 2014 and has streamlined its sales structure as well as investing in modernising its European processing plants, including updating its sites in Sahalahti and Nurmo in Finland.
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