Stora Enso completes co-determination negotiations at Kvarnsveden site concerning the closure of pulp and paper production
STORA ENSO OYJ INVESTOR NEWS 1 July 2021 at 09:30 EESTStora Enso has completed the co-determination negotiations concerning the closing down the pulp and paper production at its Kvarnsveden site in Sweden. The closure will take place by the end of the third quarter of 2021. In April 2021, Stora Enso announced a plan to permanently close down pulp and paper production at its Kvarnsveden site due to the declining paper market. As a result of the co-determination negotiations regarding the Kvarnsveden site, pulp and paper production will be closed permanently by the end of the third quarter