Logout
Click here for Pulp & Paper Radio International
The Paperitalo Library
Free Downloads
Search
My Profile
Login
Södra Will Be Reducing
Print
Stockholm, Sweden 25 September 2012 -- The move is being taken in order to face up to international competition at a time when the economic situation is poor and significant fluctuations in currency exchange rates have exacerbated the situation.

This measure will affect all Swedish business areas, and staff at all levels. Trade union negotiations will commence with immediate effect. These redundancies are part of the group's initiative to reduce its overall costs.

"Södra operates in an international market. Just like other companies, Södra is affected by the prevailing economic situation and trading conditions. The outlook for our main markets remains uncertain. To be able to face up to international competition, we have to undertake measures to reduce our costs," said Gunilla Saltin, Acting CEO at Södra.
 
 

Related Articles:


Powered by Bondware
News Publishing Software

The browser you are using is outdated!

You may not be getting all you can out of your browsing experience
and may be open to security risks!

Consider upgrading to the latest version of your browser or choose on below: