The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacture of wood and paper materials Manufacture of paper and paper products 17 - Manufacture of paper and paper products
60 jobs Number of planned job losses
Announcement Date
10 March 2025
Employment effect (start)
10 March 2025
Foreseen end date
Description
The paper manufacturer Hylte Paper announced in March 2025 that it will reduce its workforce by about 20%, or 60 workers, from its production plant in the western region of Halland.
The employer, trade union, and local council members all state that the reason for the dismissals is the continued high electricity prices in southern Sweden. Sweden has four electricity price regions, where the northern regions have historically paid much less for electricity than the south, due to the majority of electricity being produced in the northern regions. According to a councilman, the paper plant would have paid around SEK 200 million (€ 18,2 million) less if it was located in a more northern region.
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