REFILE-Sweden's Trelleborg to restructure automotive unit

Newswire

(Corrects dateline to Nov 27 from Nov 6) STOCKHOLM, Nov 27 (Reuters) - Swedish engineering firm Trelleborg said on Monday it will launch a restructuring program within its loss-making automotive unit for a cost of about 875 million crowns ($127 million) before tax. Trelleborg said in a statement that it would transfer production from western to eastern Europe. The first phase of the program could lead to 700 job losses at plants in Europe, and further plants would be evaluated, ...

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