Stora Enso progresses with restructuring actions to improve long-term competitiveness and profitability
STORA ENSO OYJ INVESTOR NEWS RELEASE 4 September 2023 at 11:00 EESTStora Enso has progressed with its restructuring actions, announced on 15 June 2023, aimed at strengthening the Group’s long-term competitiveness and creating a decentralised and more customer centric operating model. These actions would reduce the number of employees by approximately 1,150. The parts of the change negotiations completed so far, will result in a reduction of 710 employees.Closure of pulp unit in Finland, Biomaterials divisionStora Enso has concluded the change negotiations at its Sunila site and decided