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 Paper And Paper Products 17.12 - Manufacture of paper and paperboard
120 jobs Number of planned job losses
Announcement Date
4 April 2008
Employment effect (start)
1 May 2008
Foreseen end date
31 December 2008
Description
Stora Enso, one of the biggest paper manufacturers in the world, is reducing its workforce by 120 employees in the company’s paper factory Kvarnsveden in Borlänge before the end of this year. The ambition is to carry out the reductions in workforce through retirements and internal restructuring and without direct dismissals.
However, the risk of direct dismissals of some of the employees is not to be excluded.
Sources
5 April 2008: Dagens Industri
Citation
Eurofound (2008), Stora Enso, Internal restructuring in Sweden, factsheet number 66510, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66510.
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