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 17.1 - Manufacture of pulp, paper and paperboard
180 jobs Number of planned job losses
Announcement Date
19 March 2013
Employment effect (start)
Foreseen end date
30 September 2013
Description
The Swedish paper manufacturer Holmen Paper has announced that it is to cut 180 jobs at its paper mill in Norrköping, due to the continued weak market for printing paper. The measure follows a decision to close one of the three paper machines at Braviken Paper Mill during the third quarter of 2013.
Holmen Paper has restructured on several occasions in recent years. Previous rounds of employment adjustments at Holmen Paper are covered in factsheets 22059, 19202, 15742, 14428, 11447,14389, 11014.
The job losses will be implemented by the third quarter of 2013.
Sources
19 March 2013: Holmen (press release)
19 March 2013: Sveriges Television
Citation
Eurofound (2013), Holmen Paper, Internal restructuring in Sweden, factsheet number 75082, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/75082.
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