Metsä Group completed statutory labour negotiations concerning its Kerto® LVL and plywood mills

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Metsä Group press release, 8 January 2016

Metsä Wood, the company responsible for Metsä Group’s wood product business, has completed the statutory labour negotiations to implement a new target organisation model at all of its Kerto® LVL and plywood mills. The negotiations started in November 2015 as part of the performance improvement programme announced in late 2014. The programme aims for further improvements in production excellence in line with the company’s industrial efficiency strategy and for increased labour flexibility at its production units in Finland. Metsä Wood’s sawmills introduced the new target organisation model during 2015 and the new salary system on 1 January 2016.

As a result of the negotiations, altogether 48 people will leave the organisation. The personnel reductions will mainly be implemented during the first quarter of 2016.


METSÄ GROUP
Group Communications

More information:
Jari Tikkanen, Senior Vice President, Building and Industry, tel. +358 50 598 9176


www.metsagroup.com

Metsä Group is a responsible forest industry group whose products’ main raw material is renewable wood from sustainably managed northern forests. Metsä Group focuses on tissue and cooking papers, fresh forest fibre paperboards, pulp, wood products, and wood supply and forest services. Its high-quality products combine renewable raw materials, customer-orientation, sustainable development and innovation. Metsä Group’s sales totalled EUR 5.0 billion in 2014, and it employs approximately 9,800 people. The Group operates in approximately 30 countries. Metsäliitto Cooperative is the parent company of Metsä Group and is owned by approximately 120,000 Finnish forest owners.

www.metsawood.com

Metsä Wood provides competitive and environmentally friendly wood products for construction, industrial customers and distributor partners. We manufacture products from northern wood, a sustainable raw material of premium quality. Our sales in 2014 were EUR 0.9 billion, and we employ about 2,300 people. Metsä Wood is part of Metsä Group.

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