Business News

Stora Enso plans temporary lay-offs in its operations in Finland

Tuesday 27. January 2009 - As Stora Enso announced in a stock exchange release today, it will continue to curtail production in its Finnish operations during the first half of 2009 to adjust to weakened demand of the Group's products.

As part of the adjustment measures, Stora Enso will start co-determination negotiations concerning temporary lay-offs in Finland. The total number of employees affected by the co-determination negotiations could exceed 5 000. The temporary lay-off needs and their length will be determined in detail locally as the co-determination negotiations proceed.