Papyrus Kuvert cuts 34 jobs
Papyrus Kuvert will cut 34 jobs at its plant in Ettlingen, Germany, within the next few weeks. A company spokesman told EUWID that Papyrus Kuvert will have to adapt to a shrinking envelope market. At present 111 people are employed at Papyrus Kuvert, generating annual sales of about €26m. Output capacity of the company is 7 million envelopes per day.