Valmet Automotive has today issued a change negotiation proposal on the need to reduce personnel at the Uusikaupunki car plant. The proposal is based on financial and production-related grounds due to a decrease in car production volumes during 2023.

Change negotiations related to the decrease in car production volumes apply to all personnel in the vehicle contract manufacturing business line. The need for adjustments will concern a maximum of 630 employees.

The employer is considering temporary layoffs, terminations of employment and changes in job descriptions. Solutions will be sought to best consider the interests of the personnel and the company.

The change negotiations for personnel adjustments will not apply to battery business.

Additional information:

Pasi Rannus, Senior Vice President, Manufacturing, Valmet Automotive
Interview reservations: assistant Tiia Niemi, +358 44 074 5117

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The Valmet Automotive Group is a leading European manufacturer of electric vehicle battery systems and automotive kinematic systems (including electric vehicle charging flaps and active spoilers) for OEMs, as well as being one of the largest vehicle contract manufacturers in the world. In its strategic development, Valmet Automotive Group focuses on electromobility through the development and manufacturing of battery modules as well as packs for electrified vehicles. The activities in the group are organized in three business lines: Vehicle Contract Manufacturing (VCM), EV Systems (EVS) and Roof & Kinematic Systems (RKS). Since its founding in 1968, Valmet Automotive has produced more than 1.8 million vehicles at its plant in Uusikaupunki, Finland. Valmet Automotive also operates two battery systems plants in Salo, Finland and Uusikaupunki, Finland and a third in Kirchardt, Germany. The company has locations in Finland, Germany, and Poland. Valmet Automotive’s largest shareholders are the state-owned Finnish investment company Tesi and the Pontos Group, each with a stake of 38.46 %. 23.08 % is held by the Chinese Contemporary Amperex Technology Limited (CATL), the world leading manufacturer of battery cells for electric vehicles.