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🇫🇮 Finland /Elections & Politics

Škoda Transtech CEO Leaves After Company Completes Major Change Negotiations

From Helsingin Sanomat · () Finnish

Translated from Finnish and summarized by DistantNews. Read the original for the full story.

At a glance

News Documents & data Outcome reported
  • Škoda Transtech CEO Juha Vierros has left the company, and Petr Witkowski has taken over.
  • The rail-vehicle maker recently completed negotiations resulting in 117 layoffs and warned of possible targeted furloughs and other measures.
  • The changes followed Škoda Transtech’s unsuccessful bid for rolling stock for western Helsinki and Vantaa trams, a contract awarded to Switzerland’s Stadler.

Škoda Transtech has changed chief executives just after completing negotiations that resulted in 117 layoffs. Juha Vierros is leaving both the CEO position and the company, while Petr Witkowski has taken over as of Wednesday.

Iltalehti reported the change after seeing an internal company notice. Helsingin Sanomat said it could not reach Vierros for comment late Friday evening.

The rail-vehicle manufacturer recently concluded its change negotiations, which resulted in the dismissal of 117 employees. At the end of August, the company also said it might impose targeted furloughs and take other measures.

The negotiations followed Škoda Transtech’s loss of a competition last October to supply rolling stock for western Helsinki and Vantaa’s tram systems. The company unsuccessfully challenged the decision, including before Finland’s Market Court.

Škoda Transtech has previously supplied vehicles for the Helsinki metropolitan area’s light-rail line 15, known as Raide-Jokeri.

About this summary

Originally published by Helsingin Sanomat in Finnish. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

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