Food workers trade union Livs is fighting plans to shut down the Findus frozen food factory in Bjuv, which would throw 450 workers out of a job. On 31 March, the CEO of Nomad Foods, an investment vehicle registered in the British Virgin Islands, came to the factory, called all staff to a meeting, announced that the factory would close at the end of 2016. Nomad was founded in 2014 as an investment vehicle in search of brands to devour and assets to strip. It became Nomad Foods - dedicated to assembling 'a global portfolio of best-in-class food companies and brands' - with the purchase last year of frozen food manufacturers Iglo Group and Findus, European food companies that have gone through successive rounds of financial vandalism at the hands of their previous private equity owners. Pressure to deliver immediate returns threatens jobs and livelihoods throughout the company. Now the axe threatens to fall on Sweden.
English: http://www.iuf.org/cgi-bin/campaigns/show …
For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the communications officer at the ETUI, Willy De Backer wdebacker@etui.org. For previous issues of the Collective bargaining newsletter please visit http://www.etui.org/E-Newsletters/Collective-bargaining-newsletter. Since June 2013 readers can consult our archive and search through all articles in our database at www.cbnarchive.eu. You may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net.
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