Metsä Board posts net result of €8m, plans further streamlining of paper business
08 May 2013 − While the European fine paper markets show no signs of recovery, sales of paperboard remained strong in Q1 2013 and Metsä Board was able to increase its net result. The paper business is to undergo further streamlining. » more
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Stora Enso’s results harmed by declining demand
07 Feb 2013 − The structural decline in paper consumption marred Stora Enso’s otherwise comparativly strong results in 2012. New capacity reductions are to counter the challenging market developments. » more
Metso finalises negotiations, to cut 400 jobs
14 Nov 2012 − Following negotiations with its employee representatives, Metso has decided to reduce the workforce of its Paper division by 400. The company thereby reacts to structural changes in the paper industry.» more
Metso to cut 630 jobs in its paper divison
27 Sep 2012 − The structural changes in the paper industry affect machine supplying companies as well. Metso has announced drastic job cuts in order to bring supply and demand back into line. » more
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