Thursday, 14 February 2008
"Massacre" In the Forest Industry : Kemijarvi, Stora Enso, UPM Kymenne
...And the words are not enough to explain what is currently happening in the Forest industry.
After Stora Enso, partly owned state company , announced mass lay off and the closure of the Kemijarvi Factory, few weeks ago.
"For his part, Matti Vanhanen (centre), the prime minister, said the government had been in talks with Stora Enso during its statutory cooperation procedure talks in order to find an alternative to closing the mills."
Now it's the turn of UPM-Kymmene to lay off 650 people across Finnish sawmills.
The kemijarvi economical balance has been "demolished" by a hand wave of the government and investors. Unfortunately, this region will bear the scare for generations to come ...