Metsä Board’s change negotiations have been completed

Metsä Board Corporation press release 28 November 2023
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On October 26, 2023, Metsä Board announced that it will commence change negotiations regarding possible layoffs at the company's paperboard and BCTMP mills in Finland. Potential layoffs would last a maximum of 90 days and could be implemented in several installments during 2024. A total of 1,100 people were involved in the change negotiations at Metsä Board's seven mill locations in Joutseno, Kaskinen, Kemi, Kyröskoski, Tampere, Simpele and Äänekoski.

Change negotiations have now been completed and possible layoffs will be decided separately. The reason for the layoffs is to adjust production to meet the low delivery volumes.

For further information:
Marjo Halonen, VP Communications, Metsä Board
Mobile: +358 (0)50 598 7046

Metsä Board

Metsä Board is a leading European producer of premium fresh fibre paperboards. We focus on lightweight and high-quality folding boxboards, food service boards and white kraftliners. The pure fresh fibres we use in our products are a renewable and recyclable resource, that can be traced back to sustainably managed northern forests. We are a forerunner in sustainability, and we aim to have completely fossil free mills and raw materials by the end of 2030.

Together with our customers we develop innovative packaging solutions to create better consumer experiences with less environmental impact. In 2022 our sales totaled EUR 2.5 billion, and we have around 2,250 employees. Metsä Board, part of Metsä Group, is listed on the Nasdaq Helsinki.

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Metsä Group

Metsä Group leads the way in the bioeconomy. We invest in growth, developing bioproducts and a fossil free future. The raw material for our products is renewable wood from sustainably managed northern forests. We focus on the growth sectors of the forest industry: wood supply and forest services, wood products, pulp, fresh fibre paperboards, and tissue and greaseproof papers.

Metsä Group’s annual sales is approximately EUR 7 billion, and we have around 9,500 employees in 30 countries. Our international Group has its roots in the Finnish forest: our parent company is Metsäliitto Cooperative owned by over 90,000 forest owners.

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