Copyright © Inderes 2011 - present. All rights reserved.
  • Latest
  • Markets
    • Morning Review
    • Stock Comparison
    • Financial Calendar
    • Dividends Calendar
    • Research
    • Articles
    • Insider Transactions
  • inderesTV
  • Portfolio
  • Forum
  • Premium
  • Femme
  • Learn
    • Investing School
    • Q&A
    • Analysis School
  • About Us
    • Our Coverage
    • Team
Press release

Rottneros AB: Rottneros Group gives notice to 24 employees at Vallvik Mill

Rottneros

Increasing costs, falling pulp prices and a weaker USD in the long term are the reasons why 24 people have been given notice of redundancy at Vallvik Mill today. 

- This is a tough message we have given to our staff today. We have a good year behind us, but as we look ahead, it is necessary to review our organisation in order to maintain stable operations going forward," says Lennart Eberleh, President and CEO.

The paper and pulp industry has generally had a good year in Sweden, but the Rottneros Group now needs to reduce its costs to prepare for the future.

- It may be difficult to understand that we have to lay off staff, but it is necessary for us to have a long-term profitable operation at Vallvik Mill, says Lennart Eberleh.

Last year, 36 people were made redundant at Rottneros Mill in Värmland when a pulp line was shut down due to a declining market and increased costs.

- As in Värmland, our aim is to have a respectful and considerate process. We know that the period from when information about the notice of layoffs is received until negotiations are completed and the redundancies are announced takes time and is worrisome for many. The primary focus now is on employees, says Ida Mörtsell, Director of HR and Communication.

_______________________________________________________________________________________________________________________________

Find us on social media
  • Inderes Forum
  • Youtube
  • Facebook
  • Instagram
  • X (Twitter)
  • Tiktok
  • Linkedin
Get in touch
  • info@inderes.fi
  • +358 10 219 4690
  • Porkkalankatu 5
    00180 Helsinki
Inderes
  • About us
  • Our team
  • Careers
  • Inderes as an investment
  • Services for listed companies
Our platform
  • FAQ
  • Terms of service
  • Privacy policy
  • Disclaimer
Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.