"The planned measures are based on ensuring the competitiveness and cost efficiency of the welding business in the long term and strengthening the conditions for implementing our growth strategy," says Kemppi Oy's Interim CEO Katri Sahlman.

The negotiations concern 445 employees in Finland. Companies currently employ a total of 790 employees worldwide. The estimated need for personnel reductions is max 40 personnel.

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Media, www.kemppi.com

Kemppi in brief

Kemppi is the design leader in the arc welding industry. We are committed to boosting the quality and productivity of welding by continuous development of the welding arc and by working for a greener and more equal world. Kemppi supplies sustainable products, digital solutions, and services for professionals from industrial welding companies to single contractors. The usability and reliability of our products is our guiding principle. We operate with a highly skilled partner network covering over 70 countries to make its expertise locally available. Headquartered in Lahti, Finland, Kemppi employs close to 800 professionals in 16 countries and has a revenue of 195 MEUR in 2022.

Kemppi – Designed for welders