SCA’s CEO and President Jan Johansson said that the company’s cost saving programme would affect about 2000 employees, mainly within the group’s Hygiene business. The programme has a cost of SEK1.4bn, savings will be SEK700m per year when it will be finalised, mainly in Hygiene, partly in Packaging and to a marginal extent in Forest operations. He said that SCA would reduce the number of machines, however, there would be no mill closures in Europe.
SCA’s restructuring programme moving ahead
© 2011 EUWID Europäischer Wirtschaftsdienst GmbH | All Rights Reserved.
Copyright notice The regular and systematic circulation of price tables from the EUWID Premium section is not permitted. Only one copy is permitted to be printed out for the purpose of circulation within the company. Distribution of EUWID price tables by intranet or by E-Mail within a company, throughout a group of companies, to customers, or to independent sales representatives is not permitted and constitutes an infringement of copyright law.