Nordic Business Report-April 11, 2006-Scanfil Oyj to discontinue manufacturing operations in Oulu
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The Finnish electronics contract manufacturer Scanfil Oyj announced on Monday (10 April) plans to transfer most of the production of its plant in Oulu, Finland to the group's other units.
Scanfil said that due to price competition, decreased volumes and lower production costs of new products, the company's turnover for the first half of the year is expected to fall by 20% compared to the corresponding period last year.
Scanfil has initiated co-operation negotiations regarding all 120 employees at its Oulu plant.
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