Iggesund Paperboard announces 150 redundancies

Posted June 14, 2018
Iggesund Paperboard is currently implementing efficiency measures to secure an efficient business and safeguard the long-term profitability of Iggesund Mill. Local negotiations with the affected employee organisations will now begin with a view to completing the cutback in personnel before the end of the year, as the company says in the press release received by Lesprom Network.

“We have a strong position in the global paperboard market, but we need to work proactively to maintain our competitiveness. With this in mind, we are preparing to increase production capacity by around 100,000 tonnes and will now also be conducting a review of the organisation in order to ensure efficient operations and long-term profitability at Iggesund Mill,” says Daniel Peltonen, CEO of Iggesund Paperboard.

Iggesund Paperboard is a commission company of the Holmen Group and Europe's third largest manufacturer of high quality virgin fibre paperboard.



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