Madshus ends 120-year Norway ship production, moves to Czech Republic

Madshus, a Norwegian ship producer, is closing its production facility in Biri and relocating operations to the Czech Republic, resulting in 32 job losses. This marks the end of 120 years of shipbuilding in Norway for the company, reflecting ongoing cost pressures and industrial restructuring in the Nordic region. The move is a localized corporate decision with limited direct market impact beyond regional employment and supply chain adjustments.