Nov 22, 2013. /Lesprom Network/. On 8 November 2013 the Cham Paper Group announced that the sale of the Italian mills had fallen through due to the failure to reach an agreement in contract negotiations with the employees' representatives at Carmignano. In the meantime the local site management has been able to come to an economically viable and forward-looking consensus with workers, as the company said in the press release received by Lesprom Network.

The new agreement, adopted by a large majority at the general meeting of the mill's workforce, enables a significant expansion of the mill's flexibility in terms of operating hours, especially on bank holidays, while retaining the original compensation models.

The Board of Directors of the Cham Paper Group are pleased with the alliance achieved with the social partners and is convinced of the favourable future prospects of both Italian mills.

Cham Paper Group is a leading manufacturer of coated speciality papers. Founded in 1657, at its three locations in Switzerland and Italy the company develops and manufactures speciality papers for use in the consumer goods, industrial release and digital imaging sectors.