Tuesday, September 3, 2013

Stora Begins Job Cuts at Kvarnsveden Mill

http://www.storaenso.com/
Stora Enso is starting negotiations with employee representatives this week regarding plans to take out 75 positions at its Kvarnsveden mill in central Sweden. Of these, 25 would be blue-collar jobs.
The plan will see the factory's headcount go down to some 500 employees. How this might affect production will be discussed during the negotiations, mill manager Mikko Jokio said.
This is part of Stora Enso's plans to streamline operations and cut costs by some Euro 200 million ($264 million), announced in June. As a result, the company may slash up to 2,500 jobs in total. Negotiations have started at several of its mills in Finland and Sweden, and also in Belgium and Germany.
Stora Enso halted production on the 270,000 tonne/yr newsprint machine PM 11 at the Kvarnsveden mill in May for market related-reasons. It was later decided the machine would remain down for good. In connection tot his, the company made 27 people redundant, while an undisclosed number of workers left the plant through early retirement and other arrangements, Jokio said.