Finnish Strike Affects Stora Enso's Mills

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Stora Enso, Finland, reports that it also has temporarily shutdown its Finnish mills due to the stevedores strike. The company estimates that the impact of the strike on its financial results is approximately EUR 2.5 million per day.

"The impact of the strike will be wide and indefinite. The strike will severely tarnish the reputation of the Finnish forest products industry and its whole value chain," says Juha Vanhainen, Stora Enso country manager, Finland. Stora Enso employs some 27 000 people worldwide, and its 2009 sales totaled EUR 8.9 billion.