in News Departments > FYI
print the content item

Wind and industrial gear manufacturer and service provider Moventas Gears Oy says it will issue "temporary" layoffs next week in order to "match the market situation."

The company cited an insufficient order backlog for the first half of 2013 in proportion to the number of staff at its home base in Jyvaskyla, Finland, as the reason for the workforce adjustments.

The temporary layoffs affect Moventas' entire Finnish staff, and the layoff period will vary by personnel group during the first half of the year.

Production of Moventas’ Finnish company was centralized in Jyvaskyla at the end of last year. The company also has Finnish staff in Vantaa and Karkkila. Moventas employs a total of 635 people in Finland and 970 people globally.



Trachte Inc._id1770
Latest Top Stories

Yearly Installed Capacity Figures Already Beat 2013 Numbers, More Wind On The Way: AWEA

While the American Wind Energy Association (AWEA) lobbies Congress to extend the production tax credit, the association notes wind projects now under construction signal a vibrant 2015.


Yahoo Inks Contract To Buy Kansas Wind Power

The Internet company plans to log in to the Alexander wind project, which is being built by community developer OwnEnergy.


Could Initial Offshore Wind Projects Crash New England's REC Market?

Some are concerned that the first offshore wind projects could negatively impact pricing of renewable energy credits (RECs) in New England.


Catching Up With The DOE's Down-Select Offshore Winners

The three recipients of key U.S. Department of Energy (DOE) funding provide updates on their offshore wind demonstration projects.


Texas Comptroller Attacks Wind Power, And Industry Fights Back

Texas Comptroller Susan Combs recently released a report calling for an end to wind power subsidies. The Wind Coalition has responded, saying the report is riddled with misinformation.

Canwea_id1984
Renewable NRG_id1934