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The previously announced structural change at Hallsta Paper Mill has been the subject of negotiations pursuant to the Co-Determination at Work Act. These negotiations have now been completed and the change will be carried out as planned. Thus Holmen will go ahead with its intention of ceasing paper production on PM 2 and of closing down the recovered paper line with effect from 1 November this year.

The structural change means that production of standard newsprint at Hallsta will be reduced, and that PM 2’s production of mainly book paper will be transferred to a larger machine. Together with other changes in the product mix in the business area, the restructuring will help to reduce Holmen Paper’s total production of standard newsprint by 150,000 tonnes per year.

The Holmen Group

Holmen is a forest industry group that manufactures printing paper, paperboard and sawn timber and runs forestry and energy production operations. The company’s extensive forest holdings and its high proportion of energy production are strategically important resources for its future growth.

Holmen AB

Tel: 08-666 21 00

E-post: info@holmen.com

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