RESHORING CASE

Pöyry

Company details
Company name: 
Pöyry
Group name: 
Pöyry
Company country: 
Finland
Group home country: 
Finland
Number of employees: 
4880
Sector: 
M - Professional, scientific and technical activities
Sector detail: 
M71 - Architectural and engineering activities; technical testing and analysis
Reshoring details
Reshoring announcement date: 
15/05/2017
Starting implementation date: 
May, 2017
End of Implementation : 
December, 2017
Reshored to: 
Finland
Reshored business function: 
Financial
Reshoring governance mode: 
In house (in own facilities)
Estimated job gains: 
30
Reasons for reshoring: 
Know-how in the home country
Need for greater organizational flexibility
Case narrative: 

Pöyry, a Finnish-owned consulting company, moved back to Finland its financial service center in 2017, and announced the hiring of 30 experts. In 2012, the company offshored and outsourced the activity to Poland. According to the Group's CFO, the re-insourcing will increase the firm's flexibility. In addition, Finland is considered competitive in term of costs, and it is easy to recruit highly skilled workforce.

Sources link: 

http://www.poyry.fi/uutiset/poyry-siirtaa-taloushallinnon-palvelukeskuks...

Offshoring details
Offshoring date: 
2012
Offshoring location: 
Poland
Offshoring governance mode: 
Third party (external suppliers)
Host country geographical area: 
Eastern Europe