Paper machine 7 will cease production on 16 April and paper machine 8 on 31 October.
Furthermore, Stora Enso’s board of directors has appointed Hannu Ryöppönen as deputy chief executive.
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"Thanks Jo, look forward to reading it in due course. Administrators generally argue that they need to act with lightning speed in order to protect the business/jobs, thereby overlooking the fact that..."
"Hello Keith,
The details will be in the administrators' report but that's not available yet. I will write a follow-up piece when that's filed.
Best regards,
Jo"
""The terms of the deal were not disclosed."
Here we go again. Why is it that administrators are not obliged to reveal the terms of a pre-pack deal?"
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