Stora Enso

Type
Internal restructuring
Country
Finland
Region
Manner-Suomi; Etelä-Suomi; Etelä-Karjala
Location of affected unit(s)
Joutseno
Sector
Manufacturing
(16 - 17) Manufacture of wood and paper materials
16 - Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
16 - Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
55 jobs
Number of planned job losses
Job loss
Announcement Date
27 September 2005
Employment effect (start)
Foreseen end date

Description

On 27 August 2005 the forest products company Stora Enso, started codetermination negotations in its Honkalahti sawmill in Joutseno. The company has planned to cut 55 jobs of the present 260 due to profitability problems. The aim is to reduce the work force by ending the fixed-term contracts and through early retirement arrangements.

Sources

  • 28 September 2005: Helsingin Sanomat

Citation

Eurofound (2005), Stora Enso, Internal restructuring in Finland, factsheet number 62316, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62316.