Finland/Lithuania: Paroc, which makes insulation materials, has given notice to 17 people in its financial administration departments at four locations in Finland. The company said that it will now concentrate its financial administration in Lithuania, where it will establish a service centre.
Paroc said that the move was not about looking for a country with cheaper labour, but about the need to concentrate employees in one location. Paroc operates in 13 countries and has manufacturing in Finland, Sweden, Lithuania and Poland.
