BULTEN'S Q3 REPORT 2022
Year-End Report 2022
Bulten's full year report 2022 will be released on February 9, 2023, at 13:30 CET.
Bulten increases holding in TensionCam
Bulten has acquired an additional 36.5% of the shares in TensionCam Systems AB at a purchase price of SEK 4 million. The acquisition makes Bulten the majority owner with 63.5% of the company’s shares.
Bulten streamlines its distribution chain
As part of Bulten’s strategy to maintain a strong operational platform, the company has reviewed its global distribution chain. This has prompted a decision to close one of the two logistics centers in Sweden. The cost of the closure amounts to approximately SEK 1.5 million.
Bulten closes manufacturing plant in the UK
In order to streamline the operation and improve profitability, Bulten has decided to close its manufacturing plant in Pembroke, UK. The closure means that 50 jobs are at risk of redundancy.