Business News

Stora Enso has concluded co-determination negotiations at Tolkkinen Sawmill

Monday 12. October 2009 - Stora Enso's co-determination negotiations at Tolkkinen Sawmill in Finland have been concluded. On 19 August 2009 Stora Enso announced plans that included permanent closure of Tolkkinen Sawmill by the end of 2009.

The reason for the
planned closure has unfortunately not changed: long-term overcapacity in the
sawnwood market and limited availability of cost-effective raw material.
Tolkkinen Sawmill will therefore be permanently closed down by the end of 2009.

Tolkkinen Sawmill has been temporarily shut down and most of its employees have
been temporarily laid off since January 2009. The closure will reduce Stora
Enso’s number of employees by 41 and its annual production capacity by 260 000
m3 of sawn wood.

“In close co-operation with local authorities and the city of Porvoo, Stora Enso
will help employees affected to find new employment. Stora Enso will also
facilitate redeployment through efficiently offering jobs internally and
eligibility for outplacement services. The mill site has already attracted a lot
of interest since the closure plan was announced, and we hope to find other
businesses to utilise the mill site and this way provide long-term solutions for
our employees made redundant through the mill closure,” says Hannu Kasurinen,
EVP, Wood Products Business Area.