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.
Manufacturing 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 - 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
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://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62316.
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