Iggesund Paperboard

Type
Internal restructuring
Country
Sweden
Region
Norra Sverige; Norra Mellansverige; Gävleborgs län
Location of affected unit(s)
Iggesund
Sector
Manufacturing
(16 - 17) Manufacture of wood and paper materials
17.2 - Manufacture of articles of paper and paperboard
17.21 - Manufacture of corrugated paper, paperboard and containers of paper and paperboard
100 jobs
Number of planned job losses
Job loss
Announcement Date
27 September 2012
Employment effect (start)
Foreseen end date
31 October 2014

Description

Iggesund Paperboard, manufacturer of virgin fibre paperboard for use in the packaging and graphics sectors, has announced that it is to reduce the workforce by 100 people, from the current 900 to 800 employees at its mill in Iggesund. The measure is aimed at making the operations more efficient and is undertaken due to hard competition in the market and high cost pressure.

The ambition is that the downsizing will be done through natural attritions (retirements) over a two-year period.

Iggesund Paperboard is a member of the Holmen Group.

Sources

  • 27 September 2012: Dagens Industri

Citation

Eurofound (2012), Iggesund Paperboard, Internal restructuring in Sweden, factsheet number 74286, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/74286.