Shifting market conditions force Moelven to announce layoffs

Moelven Byggmodul AB has recently announced layoffs at its shed manufacturing facility in Kil, Sweden citing weak demand as the driving force behind the decision. This marks the third notice in the past two years, emphasizing the prolonged struggle within the market for crew sheds. The downturn, which primarily affects 73 employees—64 collective workers and 9 white-collar employees—is attributed to economic sensitivity in the segment, particularly affecting rental companies who form the core of Moelven's customer base. Despite hope for a future turnaround, CEO Henrik Asp admitted that production rates had already been gradually reduced ...