Lockout started at the M-Real mills in Finland
2005. The lockout declared earlier by the Finnish Forest Industries Federation started on the 18 May at 6 a.m. in all the M-real mills in Finland. The lockout is to end on 1 June at 6 a.m., unless the parties have not concluded a collective labour agreement before that. The Finnish Forest Industries Federation has on 17 May declared a new lockout which will immediately follow the previous one and end on 15 June at 6 a.m unless agreement is reached before that.
May 18, 2005. /Lesprom Network/. The lockout declared earlier by the Finnish Forest Industries Federation started on the 18 May at 6 a.m. in all the M-real mills in Finland. The lockout is to end on 1 June at 6 a.m., unless the parties have not concluded a collective labour agreement before that.The Finnish Forest Industries Federation has on 17 May declared a new lockout which will immediately follow the previous one and end on 15 June at 6 a.m unless agreement is reached before that.
M-real estimates that the lockout would weaken its operating result by 5-10 million euros per week.