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Job losses due at Swedish confectioner Cloetta

06-Sep-2010

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Swedish confectioner Cloetta has said job cuts will follow its investment in machinery aimed at boosting efficiency at its plant in Ljungsbro.

And the Nordic chocolate and sweet manufacturer said that 28 redundancies are require to ensure continued competitivity.

In addition to the new equipment installations to improve productivity, the confectioner blamed the job losses on falling volumes in its collaboration wtih Fazer, which was formed by its merger with the Finnish firm in 2000.

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