English

Statutory negotiations related to production curtailments ended

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On 7 January 2009, Oy Metsä-Botnia Ab announced significant curtailments on its
Finnish mills due to weakened pulp demand and decreased prices. The statutory
negotiations related to possible lay-offs of personnel are now concluded. 


Botnia will curtail its production at its Finnish mills in the first phase by
continuous curtailing of production speed. The company will follow the
development of the market situation closely, and in case further curtailments
will be necessary, the production stops will be planned separately for each
mill. During these production stops, the company will in the first hand keep
already planned trainings as well as give the employees the possibility to keep
accrued days off and holidays. 

For further information, please contact Ismo Nousiainen, SVP, Production, +358
50 598 7378.

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