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 17.12 - Manufacture of paper and paperboard
350 jobs Number of planned job losses
Announcement Date
6 January 2014
Employment effect (start)
1 June 2014
Foreseen end date
Description
Finnish-Swedish pulp and paper manufacturer Stora Enso announced plans to close its plant in Corbehem by June 2014. 350 jobs will be lost. As reported, the group failed to find a buyer for its site and the management will start to negotiate a social plan from 21 January 2014.
According to the sources the job reduction measure is part of a large global restructuring plan. As announced, the closure will also indirectly affect 170 jobs in the area.
Updated, 22/05/2014: As reporetd, the majority of elmployees have voted in favour of the job saving plan. The plant will close in June.
Sources
19 May 2014: Caractère
7 January 2014: Les Echos
Citation
Eurofound (2014), Stora Enso, Closure in France, factsheet number 76402, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/76402.
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