Lapland Hotels begins restructuring talks

Lapland Hotels has initiated restructuring negotiations affecting its subsidiaries Lapland Hotels City Oy, Hotel Haikko Oy, and Lapland Hotels & Safaris Services Oy, the company announced on Monday.

The move is justified by operational and financial reasons, according to the firm. Preliminary assessments suggest the talks may result in staff reductions, layoffs, or changes to employment terms.

Further updates are expected as the process develops.