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Tieto + Evry = TietoEvry

Nu står det klart att IT-företagen Evry och Tieto ämnar slå sina påsar ihop, om affären får grönt ljus från konkurrensverken i de nordiska länderna. Ordföranden på Unionens riksklubb på Evry tror att sammanslagningen kan bli bra för företagen.
Johanna Rovira Publicerad
Bertil Ericson/TT och Håkon Mosvold Larsen/NTB Scanpix/TT
IT-företagen Tieto och Evry går samman. Bertil Ericson/TT och Håkon Mosvold Larsen/NTB Scanpix/TT

Tekniskt blir det Tieto som köper Evry för närmare 14 miljarder kronor, enligt Computer Sweden, men det sammanslagna bolaget går tillsvidare under namnet TietoEvry. Inget är dock klart förrän konkurrensverken i Sverige, samt i Finland och Norge, där företagen också verkar, sagt sitt.

Klockan sju på tisdagen gick det ut ett mejl om sammanslagningen till samtliga medarbetare på Evry och klockan nio hölls ett informationsmöte. Peter Schyllberg, ordförande på Unionens riksklubb på Evry i Sverige fick information om själva sammanslagningen för lite drygt en vecka sedan:

– Jag vet egentligen inte mer än det som stått i tidningarna, men jag ser inget negativt i affären och uppfattar heller inte att mina medlemmar gör det. Tvärtom är det flera som sagt att de ser sammanslagningen som något positivt.

Tieto och Evry är två relativt jämnstora företag i Sverige och har tidigare konkurrerat om upphandlingar.

– Många anställda hoppar emellan bolagen, så fungerar det i den här branschen. Går affären i lås blir det många som blir kollegor igen, säger Peter Schyllberg.

Företagen har gått ut med att de räknar spara 75 miljoner euro i synergieffekter på affären vilket kan få konsekvenser för de två företagens sammanlagt 4 900 anställda i Sverige.

– Det förstår ju alla att konsekvenserna av en sammanslagning är att det blir neddragningar, säger Peter Schyllberg.

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No guaranteed wages in Northvolt's US reconstruction

Northvolt's financial troubles continue. Now, the battery manufacturer's hopes rest on a reconstruction in the USA. However, the process means that the state guaranteed wages – lönegaranti – will not apply to Union members.
Ola Rennstam Publicerad 21 november 2024, kl 19:12
Chapter 11 och Northvolts kontor
Vid en Chapter 11-process i USA kommer Northvolts anställda inte att kunna ta del av den svenska statliga lönegarantin. Foto: Colourbox/Anders Wiklund/TT

The clock is ticking for the struggling battery manufacturer Northvolt. During the autumn, debts have piled up with the Swedish Enforcement Authority, and recently several of the company's major shareholders withdrew from negotiations for new financing. Since its inception in 2015, Northvolt has raised SEK 110 billion, but now the money is almost gone. According to CEO Peter Carlsson, they need to raise just over SEK 10 billion in the coming year, but so far the search for new financing has been fruitless.

Maintaining control with Chapter 11

Therefore, Northvolt has now taken the next step to save the company. The management has applied for a so-called Chapter 11 procedure, a type of reconstruction process in the USA that was recently used by the airline SAS. One possible explanation for the battery manufacturer turning to an American court is that it is considered doubtful that Northvolt would be granted a Swedish reconstruction, as it requires the company to be fundamentally viable. Another advantage of Chapter 11 is that the management is likely to retain control over the company.

No guaranteed wages for employees

However, there is a downside – for the employees. In an American process, Northvolt's employees will not be able to benefit from the Swedish state guaranteed wages - lönegaranti according to several legal experts contacted by Kollega.

– The Swedish state does not pay any guaranteed wages if the company has not initiated a reconstruction or bankruptcy in Sweden. If Northvolt only initiates a Chapter 11 procedure in the USA, all the company's obligations to employees in Sweden to pay wages and other compensation according to the employment contract remain, says Hans Andersson, chairman of the Swedish Association of Restructuring and Bankruptcy Administrators.

If Union members at Northvolt do not receive their wages, the union can, however, request the company to be declared bankrupt in a Swedish court.

– If Northvolt does not pay wages on time, the employee or the union can collect the wages through the Enforcement Authority and ultimately request that the company be declared bankrupt if the wages are not settled, explains Hans Andersson.

Unionen: "Will collect unpaid wages" 

Filip Vujcic, a union lawyer at Unionen, also assesses that members cannot benefit from the state guaranteed wages when a corporate reconstruction is initiated in the USA.

– This means that Unionen, in the event of future unpaid wages, needs to safeguard its members' rights through wage collection. According to Swedish bankruptcy rules, a corporate reconstruction in the USA does not prevent a member's bankruptcy application from being examined in a Swedish court, he says.

Will Unionen request Northvolt to be declared bankrupt if members do not receive their wages? 

– Unionen does not comment on that question at this time.

*In wage collection, Unionen usually sends a demand letter to the employer, who has seven days to pay the wages. If the wages are still not paid, the employer receives a payment order via service. If that does not help either, Unionen sends a bankruptcy application to the district court.

This text has been translated with the help of AI.

CHAPTER 11

  • American reconstruction process aimed at giving a company a chance to continue with all or parts of its operations. Normally, no administrator is appointed, and the debtor continues to run the business themselves.
     
  • The company must present a plan that must be approved by the court. The plan aims to determine which debts the debtor should pay and which debts should be written off. The plan also provides the opportunity to terminate unfavorable contracts and reorganize the business so that it can continue to operate profitably.
     
  • One advantage of turning to a court in the USA instead of using the Swedish reconstruction process is that a Chapter 11 has an impact in several countries. If a group has companies in different countries, they are all drawn under the same process instead of carrying it out in each country and risking different outcomes.