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"This initiative is based on the declining demand for kitchens and on the ongoing efficiency improvements of the supply chain in the Nobia Group," Nobia said in a brief announcement.
No further details have yet been released.
Nobia, headquartered in Stockholm, Sweden, is Europe's leading kitchen company with manufacturing and sales operations in 10 countries. The company's brands include Magnet in the UK, HTH in the Nordic region, Hygena in France and Poggenpohl internationally. Nobia has 9,000 employees and annual net sales of SEK16bn.
One British pound (GBP) is worth approximately 11.91 Swedish kronor (SEK).
Comments on this story may be sent to nbr.feedback@nordicbusinessreport.com
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