M-real Corporation, part of Metsäliitto Group, will start statutory negotiations at the Äänekoski paper mill on 9 August 2010. The statutory negotiations notice, recently released, covers the Äänekoski paper mill personnel in total of about 250 people. The maximum personnel reduction need is estimated to be 50 people. Effects on the personnel are estimated to be realized during the year 2011 at the latest.
The statutory negotiations are based on efficiency improvement measures at the Äänekoski Paper mill to improve its profitability. M-real announced on 29 March 2010 its plan to invest approximately EUR 6 million in sheeting operations at the Äänekoski paper mill. The investment will increase sheeting capacity, streamline the conversion process and improve package quality and the mill’s profitability.
