Stora Enso starts co-determination process regarding the possible conversion of the Oulu paper mill into packaging board mill and closure of one paper machine
STORA ENSO OYJ INVESTOR NEWS 18 March 2019 at 10.00 EETStora Enso starts co-determination negotiations with employees at Oulu Mill in Finland regarding a plan to convert the paper mill into packaging board production and the closure of paper machine 6 and a sheeting plant. The planned change could result in a reduction of a maximum of 400 employees at the mill. The decision on the potential conversion will be made by the Stora Enso Board of Directors during the first half of 2019 after the co-determination process has been completed.Stora Enso announced in June 2018 that it would evaluate