tommy.jensen@sbs.su.se johan.sandstrom@ltu.se

Storyteller #12 – “when the company sneezes…


…the whole town gets a cold.” This is an old saying, repeated to us by storyteller #12, working for a contractor to the Company, LKAB.

– You use to say that when LKAB sneezes, the whole town gets a cold, so in these more difficult times we’re also influenced. We’ve had to lower our prices and all contractors have been summoned to LKAB to lower their prices.

– Yes, we’ve heard about this and even read about it in the media.

– Yes, it’s widely known.

– How are they in the negotiations then?

– It’s our owners (of the contractor) who are involved in that, I’m not part of it, but it’s surely a matter of give-and-take. It’s obvious that LKAB reads our annual accounts so maybe they draw their conclusions. We must also make money in order to develop so…

– So they can check your profit margins?

– Yes, absolutely, I believe they do, and through that they can say that ‘you could reduce this amount’. I think they do this, they are smart.


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