Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Sappi Europe, the European branch of the South African pulp and paper manufacturer Sappi, has initiated cooperation negotiations with a plan to dismiss up to 100 employees at its paper factory in Lohja, Finland. The dismissals are related to the closure of one of the production lines at the factory. The factory produces paper suitable for magazines, the demand for which has been steadily declining.
Following the announcement, the city of Lohja has announced that it has launched preparations for support measures and has formed a working group for this purpose. The departing employees will either be dismissed or offered the opportunity to resign. In addition to the salary for the period of notice, employees who resign are paid a lump sum equivalent to six months' salary.
Sappi Europe belongs to the conglomerate Sappi, based in South Africa. Their factory in Lohja employs a total of 550 persons.
Updated, 08/10/2025
Sappi has concluded its cooperation negotiation in Lohja. As a result, 93 persons will be laid off. The number of lay-offs could be brought down from the initial 100 as 33 employees have accepted a retirement package.
Eurofound (2025), Sappi Europe, Internal restructuring in Finland, factsheet number 203197, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/203197.
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