RESHORING CASE

Welltec

Company details
Code: 
Welltec
Company name: 
Welltec
Company country: 
Denmark
Number of employees: 
1000
Sector: 
C - Manufacturing
Sector detail: 
C35 - Industrial and Commercial Machinery and Computer Equipment
Sub-sectors: 
C35.3.3 - Oil and Gas Field Machinery and Equipment
Reshoring details
Reshoring announcement date: 
16/04/2017
Reshored to: 
Denmark
Location of affected unit(s): 
Allerød
Location code: 
DK01
Reshored business function: 
Production
Partial or Total reshoring: 
Partial
Reshoring governance mode: 
In house (in own facilities)
Reasons for reshoring: 
Automation of production process
Case narrative: 

Welltec is a Danish company that develops and provides well technologies and solutions for the oil and gas industry. The company outsourced its production to the low cost countries. It is reported that Welltec invested in robotics in the plant located in Allerød (Denmark), replacing manual labor. This investment has improved efficiency significantly and so it has been possible to bring part of the productions from Poland back to Denmark. In addition, this investment will maintain jobs in Denmark rather than moving them abroad. 

Sources: 

Energi watch,16/04/2017

Sources link: 

http://energiwatch.dk/Energinyt/Olie___Gas/article9509459.ece

Offshoring details
Offshoring location: 
Poland
Offshored business function: 
Production
Offshoring governance mode: 
Third party (external suppliers)
Offshoring entry mode: 
Non equity
Host country geographical area: 
Eastern Europe