Internal restructuring
European Union
Location of affected unit(s)
Finland, Sweden, Poland
Manufacture Of Wood And Paper Materials
Manufacture Of Paper And Paper Products
17.1 - Manufacture of pulp, paper and paperboard

520 jobs
Number of planned job losses
Job loss
Announcement Date
23 October 2012
Employment effect (start)
31 December 2012
Foreseen end date
30 September 2013


Stora Enso, a Finnish pulp and paper manufacturer, announced a series of cost cutting measures which include plans to lay off 520 workers in an attempt to improve the company’s profitability.

The employment cuts will affect one paper production plant in Sweden in particular, where due to weak newsprint demand across Europe, the company plans to lay off approximately 140 workers. In Finland, one packaging plant in Ruovesi will be permanently closed due to a decrease in demand for its products as well as the poor financial performance of the plant. While this closure will affect up to 60 employees, Stora Enso is also planning to streamline operations at its packaging business at its other Finnish plants in Heinola, Ingerois and Pori as well as at its Swedish units. These restructuring measures will affect another 100 employees in the two countries. Moreover, the company is also planning employment cuts across its Polish sites, which will result in up to 135 redundancies. A small number of employees, approximately 25, will be affected by job cuts in the company’s sawmills in Sweden and Finland. Furthermore, the company’s biomaterials stream located in Sweden is also planning to reduce its workforce by 60 employees.

Stora Enso has stressed its commitment to help the workers affected by this decision, together with local communities, to find new employment options. The company also emphasized that relocation opportunities will be available.


  • 23 October 2012: Reuters
  • 23 October 2012: Stora Enso


Eurofound (2012), Stora Enso, Internal restructuring in European Union, factsheet number 74381, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/74381.