The firm said it was undertaking the review to "participate in the consolidation and restructuring of the European paper industry".
A spokeswoman for the company declined to comment further on the review, but confirmed that it was still in its very early stages, having commenced several weeks ago.
The announcement follows a doubling of the firm's consolidated losses in 2005 to 98m, revealed in its year-end results issued last month.
At the time, president and chief executive Hannu Anttila said he hoped to improve earnings by at least 20.5m, through improved efficiency and the firm's 137m annual cost savings plan.
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"Sad to see another print company facing financial trouble. The industry is tough, and this highlights the ongoing challenges many are facing. Hope employees and customers get clarity soon."
"Not surprised, businesses need to prepare for these attacks rather than thinking that they're going to avoid them. At the very least, data needs to be fully protected with air gaps in place..."
"So much for growth then!"
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