Stora Enso Considering Lay-offs at Kemijärvi Due to Wood Shortage


Helsinki, Finland 14 June 2007 -- Stora Enso is starting co-determination negotiations concerning possible temporary lay-offs of personnel at its Kemijärvi pulp mill in Finland due to the shortage of wood.

The wood shortage has been caused by the short and mild winter in Finland, Sweden, and Russia, which adversely affected harvesting conditions. Reductions in wood exports from Russia, particularly for birch pulpwood, and additional export duties on roundwood announced by Russia are also aggravating the wood supply situation.