Waldshut; Freiburg; Baden-Württemberg
Location of affected unit(s):
Manufacture of wood and paper products, and printing
17.1 - Manufacture of pulp, paper and paperboard
Planned Job Reductions min:
Planned Job Reductions max:
Type of Restructuring:
Employment Effect Start:
Foreseen End Date:
Paper manufacturer UPM has announced to close down its site in Albbruck affecting 560 jobs. UPM had broken its restructuring plans to the public in August. Since then efforts were made to find an investor, but this did not have success.
The social plan will be negotiated in the next weeks. Already at the end of August 2011 the daily Badische Zeitung stated that the union IG BCE will want to fight the closure.
The restructuring is part of a wider restructuring plan of UPM's European activities, with announced cuts in Finland and France.
29-11-2011Frankfurter Allgemeine Zeitung
31-08-2011UPM (press release)