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
223 jobs Number of planned job losses
Announcement Date
24 October 2017
Employment effect (start)
24 October 2017
Foreseen end date
Description
On 24 October 2017, the Finnish paper manufacturer UPM Paper ENA, announced to cut 223 jobs at its site in Dörpen due to internal restructuring, which will save up to €30 million annually. These measures are necessary because demand for graphic papers has been declining over recent years and will continue declining.
Management and works council will start negotiations in November. However, no time frame has yet been announced regarding further actions.
UPM Paper ENA has 1,600 employees in Dörpen.
Sources
24 October 2017: UPM Online
24 October 2017: Delmenhorster Kreisblatt Online
Citation
Eurofound (2017), UPM Paper ENA, Internal restructuring in Germany, factsheet number 92356, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/92356.
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