Internal restructuring
Location of affected unit(s)
Valkeakoski, Pietarsaari
Manufacture Of Wood And Paper Materials
Manufacture Of Paper And Paper Products
17 - Manufacture of paper and paper products

63 jobs
Number of planned job losses
Job loss
Announcement Date
28 January 2010
Employment effect (start)
Foreseen end date


The packaging materials manufacturer Walki announced the loss of 63 jobs. The planned reduction was of  80 employees but following negotiations with social partners Walki agreed on dismissing 63 employees. 

Walki started personnel negotiations on January 28, 2010. The initiated performance improvement program is to affect all employee groups at Walki's Finnish plants in Pietarsaari and Valkeakoski. It is estimated that the personnel reduction need is 80 employees.

The difficult situation of the European paper industry, and increased raw-material and other production costs has had a negative impact on the company's development.

The restructuring process will be carried out during 2010. In order to further improve the productivity of the Finnish plants an investment program will be implemented in connection with the restructuring measures.

Walki's production units in Finland, Germany, the U.K. China and Sweden combined have an annual production capacity of 300,000 tonnes, an annual net sales total of 300 million euros and a workforce of 1,000 employees.

Walki employs 435 employees.


  • 24 March 2010: www.tekniikkatalous.fi
  • 28 January 2010: Kauppalehti


Eurofound (2010), Walki, Internal restructuring in Finland, factsheet number 70138, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/70138.