ERJ staff report (DS)
Stockholm, Sweden — Trelleborg AB has said theslowdown is now clearly noticeable and the Group is preparing itself for a challenging market situation in 2009.
The slowdown is most marked in the automotive sector, but less so in Asia and some other industrial sectors. Trelleborg said, “demand in offshore oil/gas remains strong. “
In the auto sector, Trelleborg is preparing to cut a quarter of its workforce. “To adapt capacity to the decline in demand, Trelleborg Automotive has had a program in progress since…