Tervakoski to close paper machine and cut jobs
March 23 2010 Tervakoski mill in Finland will close one paper machine permanently and decrease the number of employees by 56 persons.
Tervakoski, a subsidiary of Austrian Delfortgroup, has decided to close one paper machine permanently. PM4, which produces cigarette paper, will be closed down during this year.As a consequence of the closure, a decrease in the number of employees will be done. The collaborative negotiations have been concluded, and 56 persons will lose their jobs at the mill.Tervakoski currently operates five paper machines, producing thin printing paper, cigarette paper and other paper qualities for the tobacco industry, electrical insulating papers and other paper qualities.