M-real to initiate statutory negotiations at Kangas mill
05/01/2007M-real starts negotiations on possible temporary layoffs at its Kangas mill.Because of a poor market situation for coated printing papers and the poor costcompetitiveness of the Kangas mill, the production of the second paper machine(PM2) must be limited. The arrangement seeks to readjust production capacity tothe current market situation and thus to improve profitability. On 5 January 2007, M-real made a proposal to start negotiations according tothe Co-operation Act at the Kangas paper mill. The negotiations concern themajority of personnel working with paper machine PM2