Koskisen Corporation press release, 20 February 2023, at 04:30 p.m. EET
Wood product company Koskisen is preparing for the Finnish Transport Workers’ Union AKT’s industrial action measures with possible production adjustments. The effects of the ongoing industrial action measures can be seen in the availability of raw materials used in production, such as glues and coatings, and in rapidly filling warehouses when the export of wood products from the ports is interrupted. About 60 percent of Koskisen's sawn timber and board production is exported.
Koskisen has implemented the change negotiations in order to be prepared for the effects of the industrial action measures. The negotiations concerned personnel of Panel Industry and Sawn Timber Industry in Finland, a total of approximately 700 people. Change negotiations concerned layoffs up to 90 days in connection with the possible temporary reduction of work in order to adjust production. As a result of the negotiations, the company can flexibly adjust its production with layoffs if needed.
The Koskisen Group employs a total of approximately 900 employees.
For more information, please contact:
Minna Luomalahti, HR director, Koskisen Oyj
Koskisen is an international wood processing specialist with more than a century of experience and known for its agility and ability to listen to the customer. We utilise our valuable wood raw material as thoroughly as possible, up to the last particle of sawdust. At the same time, we bring the best carbon narrative to life: We manufacture high-quality and sustainable products that store carbon for decades. The Group’s revenue in 2021 was EUR 311 million. Read more: koskisen.com