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.
Stora Enso, a Swedish pulp and paper company, announced that a maximum of 80 jobs might be cut at its Skutskär plant. The closure is driven by profitability issues, citing rising timber prices, falling demand and lower world market prices for pulp. The company aims to focus on fluff pulp production on its remaining two lines. 80 employees have received notice, but the final number of dismissals might still change. The shutdown of the plant is scheduled for the second half of 2026.
The Skutskär plant employs about 370 people.
Eurofound (2026), Stora Enso, Closure in Sweden, factsheet number 300461, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/300461.