Strike in Madrid stops production and customer deliveries

Since the morning of April 26, Holmen Paper Madrid is affected by a strike. The strike has forced the mill to shut down production and stop deliveries to customers.

The background to the strike is the announced closure of PM 61, which will affect approximately 170 employees. Production on the machine stopped in late March.

The strike is set to continue on Thursday and Saturday this week.

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For further information please contact:

Jonas Lindell, Manager Public Communication Holmen Paper, tel. +46 (0)11- 23 62 11
Ingela Carlsson, Public Relations Director Holmen, tel. +46 (0)70-212 97 12

In its capacity as issuer, Holmen AB is releasing the information in this press release in accordance with Chapter 17 of the Swedish Securities Market Act (2007:528). The information was distributed to the media for publication at 13.10 CET on Tuesday 26 April 2011.

About Us

Holmen’s business concept is to own and add value to the forest. The forest holdings form the basis of the business – an ecocycle in which the raw material grows and is refined into everything from wood for climate-smart building to renewable packaging, magazines and books. The forest is managed to provide a good annual return and stable value growth while our production operations are run with a focus on profitability and greater value added. In 2017 Holmen’s net sales were just over SEK 16 billion and the group has approx. 3 000 employees. Holmen’s shares are listed on Nasdaq Stockholm, Large Cap. For more information, visit holmen.com.

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