Inside information: Metsä Board plans to close its Tako board mill and enhance the operational efficiency of its Kyro board mill to improve the company’s competitiveness and profitability
Metsä Board Corporation Stock exchange release Inside information 16 January 2025 at 13:30 EETDue to the prolonged weak profitability, Metsä Board, part of Metsä Group, plans to close its Tako mill as well as to improve the efficiency of its Kyro mill, and launches change negotiations at both mills and related operations. The negotiations will involve a total of approximately 360 employees and may lead to a reduction of up to 215 employees. The negotiations are expected to last at least six weeks. If the plan is implemented, production at Tako mill would end in 2025. The aim of the change