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50 jobs to go in Alvesta, Sweden
Saturday, 17 March 2012
Alvedoor AB in Alvesta, Sweden will do away with 50 employees as the company has been declared bankrupt.
The company, which manufactures doors for larger vessels, has over the past two years lost more than Skr16 million according to local news reports.
“Despite extensive measures, we have had negative result, unfortunately, that could not be reversed,” says Jan Zetterberg, CEO of Alvedoor according to local media reports.
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