{"id":77228,"date":"2019-03-12T12:42:29","date_gmt":"2019-03-12T12:42:29","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/stora-enso-plans-lay-offs-finland-oversupply-sawn-timber-market-blamed\/"},"modified":"2025-09-19T08:50:06","modified_gmt":"2025-09-19T08:50:06","slug":"stora-enso-plans-lay-offs-finland-oversupply-sawn-timber-market-blamed","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/stora-enso-plans-lay-offs-finland-oversupply-sawn-timber-market-blamed\/","title":{"rendered":"Stora Enso plans lay-offs in Finland, oversupply in the sawn timber market blamed"},"content":{"rendered":"

Stora Enso prepares for temporary lay-offs in its Wood Products division in Finland. The provisional lay-off plans concern Stora Enso's sawmills in Lappeenranta, Uimaharju, Kitee, and Varkaus.<\/em><\/p>\n

In addition, Stora Enso is planning temporary lay-offs at its LVL mill in Varkaus. If implemented, the lay-offs of up to 90 days will be completed by the end of October 2019.<\/p>\n

According to Stora Enso, the lay-off plans are due to market volatility that is expected to persist in 2019. Supply seems to exceed demand in the sawn timber market. In addition, high log prices weaken the profitability of the sawmill industry.<\/p>\n

Stora Enso previously announced that is implementing a\u00a0cost-cutting programme\u00a0of Euro 120 million targeting reductions in variable and fixed costs, as market uncertainty increases. Stora Enso estimates that some effects will be visible already during 2019 with full impact by the end of 2020.<\/p>\n

As part of the programme, Stora Enso is planning to close paper machine 6 at Imatra Mills in Finland and to start co-determination negotiations at the mill related to this plan. With annual production capacity of 90,000 tonnes, PM6 is a small machine that has reached its end-of-life.<\/p>","protected":false},"excerpt":{"rendered":"

Stora Enso prepares for temporary lay-offs in its Wood Products division in Finland. The provisional lay-off plans concern Stora Enso’s sawmills in Lappeenranta, Uimaharju, Kitee, and Varkaus. In addition, Stora Enso is planning temporary lay-offs at its LVL mill in … Continue reading →<\/span><\/a><\/p>","protected":false},"author":1,"featured_media":58301,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[4713,4716],"tags":[3308,4070,3504,3271],"class_list":["post-77228","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-companies-in-the-timber-industry","category-latest-trends","tag-finland","tag-lay-offs","tag-sawn-timber","tag-stora-enso","topic-forestry","topic-pulp-paper","topic-sawmilling","area-europe"],"acf":[],"yoast_head":"\nStora Enso plans lay-offs in Finland, oversupply in the sawn timber market blamed - Timber Industry News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.timberindustrynews.com\/ro\/stora-enso-plans-lay-offs-finland-oversupply-sawn-timber-market-blamed\/\" \/>\n<meta property=\"og:locale\" content=\"ro_RO\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Stora Enso plans lay-offs in Finland, oversupply in the sawn timber market blamed - Timber Industry News\" \/>\n<meta property=\"og:description\" content=\"Stora Enso prepares for temporary lay-offs in its Wood Products division in Finland. 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