Finland: Carlsberg-owned Sinebrychoff to restructure with almost 140 redundancies

Carlsberg's Finnish subsidiary Oy Sinebrychoff has just announced plans to restructure its business as well as invest in a new PET bottle production, Carlsberg announced August 16.

As part of the plan, bottling and warehousing facilities will be centralised in one of the company's two breweries which will also start utilizing a new automated high bay warehouse later this autumn, thus becoming the logistics centre of the company.

As a consequence Sinebrychoff has given notice that staff will be reduced with approximately 140 employees throughout the organisation.

"We are market leaders and doing well, but even so timely efficiency improvements are essential to keep this position in the future," says Mikael Aro, CEO of Sinebrychoff.

The new operational model is expected to be fully implemented in 2008, thus achieving annual cost savings of approximately DKK 90 million. The restructuring in Finland does not impact the latest guidance for 2006.

Investments in a new PET bottle production amount to DKK 140 million. It will be ready in 2008 and enable Sinebrychoff to introduce a number of new products and recyclable packages.

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