Metsä Group Press Release 23 October 2014
Metsä Wood, Metsä Group's wood products business area, initiates a performance improvement programme, which comprises sales growth projects, cost savings and structural changes.
As part of the programme, the need for personnel reduction has been estimated to be approximately 200 man-years in total, of which 140 would take place in Finland. The reductions in personnel are planned to be implemented in stages over the next two years. Reductions in production personnel are projected to materialise mainly through retirements.
METSÄ GROUP
Group communications
More information:
Esa Kaikkonen, Executive Vice President, Metsä Wood, Tel: +358 10 469 4749
www.metsagroup.com
Metsä Group is a responsible forest industry group whose products’ main raw material is renewable and sustainably grown northern wood. Metsä Group focuses on tissue and cooking papers, consumer packaging paperboard, 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 4.9 billion in 2013, and it employs approximately 11,000 people. The Group operates in some 30 countries. Metsäliitto Cooperative is the parent company of Metsä Group and is owned by approximately 123,000 Finnish forest owners.
www.metsawood.com
Metsä Wood provides competitive and environmentally friendly wood products for construction, industry and distributor partners. The products are manufactured from northern wood, a sustainable raw material of premium quality. Metsä Wood’s sales were EUR 897 million in 2013, and we employ approximately 2,500 people. Metsä Wood is part of Metsä Group.