Metsäliitto Osuuskunta
Metsä Group’s wood products business continues to focus on efficiency

DGAP-News: Metsäliitto Osuuskunta

23.10.2014 / 08:00

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Metsä Group Press Release 23 October 2014


Metsä Wood, Metsä Group's wood products business area, initiates a performance
improvement programme, which comprises sales growth projects, cost savings and
structural changes. 

As part of the programme, the need for personnel reduction has been estimated
to be approximately 200 man-years in total, of which 140 would take place in
Finland. The reductions in personnel are planned to be implemented in stages
over the next two years. Reductions in production personnel are projected to
materialise mainly through retirements. 


METSÄ GROUP
Group communications

More information:
Esa Kaikkonen, Executive Vice President, Metsä Wood, Tel: +358 10 469 4749


www.metsagroup.com

Metsä Group is a responsible forest industry group whose products' main raw
material is renewable and sustainably grown northern wood. Metsä Group focuses
on tissue and cooking papers, consumer packaging paperboard, pulp, wood
products, and wood supply and forest services. Its high-quality products
combine renewable raw materials, customer-orientation, sustainable development
and innovation. Metsä Group's sales totalled EUR 4.9 billion in 2013, and it
employs approximately 11,000 people. The Group operates in some 30 countries.
Metsäliitto Cooperative is the parent company of Metsä Group and is owned by
approximately 123,000 Finnish forest owners. 

www.metsawood.com

Metsä Wood provides competitive and environmentally friendly wood products for
construction, industry and distributor partners. The products are manufactured
from northern wood, a sustainable raw material of premium quality. Metsä Wood's
sales were EUR 897 million in 2013, and we employ approximately 2,500 people.
Metsä Wood is part of Metsä Group.
News Source: NASDAQ OMX



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23.10.2014 Dissemination of a Corporate News, transmitted by DGAP - a
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Language:    English                 
Company:     Metsäliitto Osuuskunta  
 
 
             Finland                 
ISIN:        FI0002001611            
 
 
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