News within the industry of pulp and paper, Feb, 18 2019
Latest News

Cost review will lead to redundancies at Södra

Aereal view of the Träryd sawmill. Photo: Kontrastfoto
Aereal view of the Träryd sawmill. Photo: Kontrastfoto
Published by
Simon Matthis - 26 Sep 2012

Södra will be making 260 people redundant as part of its drive to reduce the group's costs.

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.