Internal restructuring
Manner-Suomi; Etelä-Suomi; Kymenlaakso
Location of affected unit(s)
Manufacture Of Wood And Paper Materials
Manufacture Of Wood And Of Products Of Wood And Cork, Except Furniture; Manufacture Of Articles Of Straw And Plaiting Materials
16.2 - Manufacture Of Products Of Wood, Cork, Straw And Plaiting Materials

66 jobs
Number of planned job losses
Job loss
Announcement Date
6 September 2023
Employment effect (start)
11 September 2023
Foreseen end date
16 October 2023


Finnish producer of paper and wood products, MM Kotkamills will start cooperation negotiations affecting 66 office workers and mill workers in Kotka. The effects of the negotiations could include temporary lay-offs, staff reductions or even the closure of the entire sawmill.

The financial situation of the sawmill has worsened due to higher raw material prices and lower construction activity, while the prices of sawn timber have fallen. This in turn has had a negative impact on sawn timber exports.

The negotiations will last at least six weeks, while Kotkamills' other units will continue to operate normally.

MM Kotkamills is a paperboard and folding carton manufacturer that employs around 550 people in Finland.



Eurofound (2023), MM Kotkamills, Internal restructuring in Finland, factsheet number 200289, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/200289.