In order to eliminate the severe losses M-real started the negotiations with the workers’ representatives at Alizay mill in October 2011. Following the conclusion of the negotiations, M-real can now take the final decisions to close the Alizay mill.As a result of the closure, M-real’s annual uncoated fine paper capacity will be reduced by approximately 310,000 tons. The related personnel reduction, which is 330 people at most, will be implemented by the end of the second quarter of this year.A voluntary reindustrialization project is planned to be started in Alizay. The project will be carried out jointly by M-real, workers’ representatives and local authorities. The target of the project is to create new jobs and businesses at the Alizay site.“This is a very material step in our efforts to eliminate losses of our paper business. We are now according to our strategy very strongly focused on the profitable paperboard business that we will further strengthen in the future,” says M-real’s CEO. Mikko Helander.

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