Statutory negotiations concerning jobs at the mill were initiated on 17 August this year. The estimated reduction will be 52 staff.

M-real said streamlining actions were an essential and a natural phase of development to improve profitability and efficiency of the Kemi integrated site.

According to the company, M-real, Metsä-Botnia and Metsäliitto Group would profit from a more cost efficient and streamlined operating model.

A spokesman said: The physical closeness of the units makes the integration process flexible and will compress the cooperation of the integrated site further.