Valmet Restructures to Enhance Efficiency and Customer Focus
Valmet's Evolution Towards a Customer-Centric Approach
Valmet Oyj, a leading global provider of process technologies, has embarked on a significant transformation of its operating model. Recently, the company confirmed changes aimed at enhancing customer service through a lifecycle approach. The objective is to elevate the efficiency of its operations, ensuring better alignment with customer needs and industry demands.
Completion of Change Negotiations
The negotiations concerning the new operating model are now concluded, having focused primarily on workforce adjustments. Specifically, Valmet has decided to reduce its workforce by 325 positions in Finland and 108 in Sweden, impacting only white-collar roles. These adjustments are part of a broader strategy to optimize the company's resource allocation and operational capacity.
Future Transformation Plans
In addition to workforce reductions, Valmet plans to roll out new change negotiations specifically within the Paper business line's Board and Paper Mills segment in Finland. This initiative will primarily address temporary layoffs expected to last less than 90 days, impacting roughly 1,100 employees. These actions are a response to a decrease in workload and are part of ongoing efforts to improve profitability within the organization.
Valmet's Workforce and Global Presence
Valmet is recognized for its considerable workforce, boasting over 19,000 employees around the globe. In Finland alone, approximately 6,600 individuals contribute to the company's success, while the operations in Sweden maintain around 1,700 employees. This strong workforce underlines Valmet's commitment to close collaboration with its customers and its position as a key player in the industries it serves.
Commitment to Continuous Improvement
Valmet has a rich industrial history that spans over 225 years, characterized by a steadfast focus on continuous improvement and innovation. This commitment has positioned Valmet as a prominent developer and supplier of process technologies, automation, and services across various sectors, including pulp, paper, and energy industries.
Financial Performance and Market Standing
In the last reported fiscal year, Valmet achieved approximately EUR 5.4 billion in net sales, demonstrating a robust financial performance. This financial strength enables Valmet to reinvest in its operations, fostering innovation and service enhancement.
Engagement with Customers
Valmet is dedicated to maintaining a close relationship with its customers, working intimately with them to enhance their operational performance and efficiency. This customer-centric approach is crucial as the company navigates the challenges of evolving market dynamics.
Contact Information for Inquiries
For more information, stakeholders can connect with Anu Pires, the Senior Vice President of HR, who also serves as the interim Senior Vice President for Marketing, Communications, and Sustainability at Valmet. She is available for inquiries regarding the company’s strategic direction and operational adjustments.
Frequently Asked Questions
What changes is Valmet implementing in its operating model?
Valmet is renewing its operating model to improve efficiency and enhance customer service by adopting a lifecycle approach.
How many roles will be affected by the changes?
The recent negotiations will lead to a reduction of 325 positions in Finland and 108 in Sweden, affecting only white-collar roles.
What is the reason behind the temporary layoffs?
The temporary layoffs are a response to a decrease in workload and aim to improve profitability within Valmet's Paper business line.
How large is Valmet's workforce globally?
Valmet employs over 19,000 individuals worldwide, with significant numbers in both Finland and Sweden.
Who should be contacted for more information about Valmet?
Anu Pires, SVP HR, is the contact person for inquiries related to Valmet's operations and strategic direction.
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