RMC starts change negotiations to reorganise its operations

19.1.2023 Media releases

Rauma Marine Constructions (RMC) will start change negotiations with its personnel in accordance with the Co-operation Act. The negotiations are related to the previously announced need for the company to realign its course.

The aim of the negotiations is to reorganise operations to better meet the demands of its current order book and adjust the company’s financial position. The negotiations concern all of RMC’s operations and its entire personnel. According to a preliminary evaluation, the reorganisation will possibly result in the termination of employment of no more than 20 people. By the end of 2022, RMC employed over 210 people.

“With these negotiations, we are searching for solutions to how RMC can operate in the best possible way in the future,” says Mika Heiskanen, CEO, RMC.

Order book worth over EUR 1 billion

For the past few years, RMC has been operating at a loss. However, the shipyard has a strong order book worth EUR 1.2 billion and orders extend all the way to 2028. Currently, RMC is constructing four multipurpose corvettes for the Finnish Defence Force in connection to the Squadron 2020 project and two Spirit of Tasmania car and passenger ferries for the Tasmanian TT-Line Company. In order to carry out these orders successfully, the company needs to adjust its course of action and operation structure.

“Rauma shipyard has experienced some difficult years. Even though we are currently on our way up, unfortunately, we are not out of the waters yet. The change negotiations are therefore a necessary part of the company’s need to develop its operation. RMC has all that it takes to become profitable, and we work every day to make this happen,” Heiskanen says.