Tue, 17 Sep, 2013 01:47:28 AM 700 employees feared to lose job Employees bring out procession protesting the decision FTimes-Xinhua Report, September 17
According to Finnish broadcasting company Yle, the firm's operation and orders will be shifted to Turku, another shipyard of STX Finland. About 700 employees in Turku and Rauma are expected to lose their jobs by the end of June next year.
Jari Anttila said that the negotiation on employees' status will begin on Tuesday. He assured that the Turku shipyard can be profitable as early as next year through recent restructuring.
He also promised that the government will take all legal and reasonable measures to support the shipbuilding industry, and the current measure is only to promote its market competitiveness, according to Helsinki News. More than 100 employers of Rauma shipyard marched out to protest against the decision, said Yle. STX, or System Technology Excellence Group, is a South Korean multinational conglomerate, mainly operating in fields like shipping, logistics, shipbuilding, machinery, energy and construction. STX Finland has a total of 2,500 employees working in the Turkku and Rauma shipyards.
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