Stora Enso plans to shut down one SC paper machine at Kvarnsveden Mill in Sweden
STORA ENSO OYJ INVESTOR NEWS 16 February 2017 at 10.00 EETStora Enso will start co-determination negotiations with employees at its Kvarnsveden Mill in Sweden regarding a plan to reorganise the mill, including a permanent closure of paper machine (PM) 8. The planned actions would affect a maximum of 140 employees. The paper machine has an annual capacity of 100 000 tonnes of super-calendered uncoated magazine paper (SC) and it is planned to be shut down by the end of the second quarter of 2017. The plan would result in annual cost savings of EUR 12 million. Stora Enso will book