Finland / Moventas Gears: Layoffs to come

Moventas Gears – the Finnish gear maker owned since last year by Scottish engineering group Clyde Blowers – is in discussions with staff over the implementation of temporary layoffs, which it blames on an “insufficient order backlog” for early 2013.

Last year Moventas nabbed an €80m ($106m) contract to supply gearboxes for Areva’s 5MW offshore turbine. However, that order is apparently not enough to keep the company’s production facilities humming at full capacity.

The layoffs concern the company’s more than 630 workers in Finland, according to chief executive Mikael Laine, with the layoff period to “vary by personnel group during the first half of the year”.

Choosen excerpts by Job Market Monitor from

via Wind gear specialist Moventas sees layoffs – Recharge News.