Strike halts production at Stora Enso?s Finnish mills
STORA ENSO OYJ Stock Exchange Release 12 May 2006 at 17.45
Strike halts production at Stora Ensos Finnish mills All Stora Ensos Finnish production units (excluding Pankakoski Mill) are being temporarily shut down due to a strike throughout the Finnish paper industry. The strike by the Finnish Paper Workers Union is in protest against personnel reductions. The strike will begin at 6.00 am (Finnish time) on Monday 15 May and will last until 6.00 am 17 May. The strike is estimated to cost Stora Enso about EUR 9 million in lost operating profit including shutting down and starting up and some 33 000 tonnes of lost production. For further information, please contact: Kari Vainio, EVP, Corporate Communications, tel. +44 7799 348 197 Keith B Russell, SVP, Investor Relations, tel. +44 7775 788 659 Ulla Paajanen-Sainio, Vice President, Investor Relations and Financial Communications, tel. +358 2046 21242 www.storaenso.com www.storaenso.com/investors STORA ENSO OYJ p.p. Jussi Siitonen Jukka Marttila