M-REAL TO CLOSE ITS WIFSTA MILL IN SWEDEN
The restructuring programme which M-real announced on 18 October
included a plan for the possible closures of capacity. One of the
identified closure candidates was M-reals Wifsta paper mill in
Following the completion of the local consultation process, M-real
has now confirmed that the Wifsta mill will cease production by the
end of June 2007. The mill has an annual capacity of 175,000 tons of
uncoated woodfree paper, and it employs approximately 180 people.
In addition to the Wifsta mill, and as has already been announced, M-
real closed its paper mill at Sittingbourne in the UK on 31 January
2007 and is closing two paper machines (PM 6 and 7) at the Gohrsmühle
mill in Germany by the end of this month. All these measures were
taken in accordance with the restructuring programme, and most of
them have been implemented faster than was originally planned.
Seppo Parvi, CFO, +358 10 469 4321
Anne-Mari Achrén, Communications, +358 10 469 4541