Rottneros has announced a workforce reduction of 26 positions, following a broader restructuring plan revealed in March that initially involved 47 roles.
The cuts affect both the Rottneros Mill and group-level operations, as the company adapts to challenging market conditions and energy price volatility.
“It is difficult to have to give notice of redundancy in the run-up to the summer,” said CEO Lennart Eberleh, “although it is positive that we have landed on significantly fewer redundancies than initially feared.”
To optimize profitability and better manage fluctuating electricity prices, the company will reduce its shift system at the Rottneros Mill from six to five shifts.
Nils Hauri, Managing Director of Rottneros Bruk, noted the constructive dialogue with union representatives throughout the negotiation process. “They have been very responsible and a good sounding board in a tough situation,” he said.
Despite the current economic headwinds, Rottneros remains optimistic about the long term. Recent investments in solar power with battery storage and enhanced production capacity are seen as valuable assets that will pay off when the market rebounds.
“With this solution, we can easily gear up when the market turns,” Eberleh said. “We must not forget that the history of Rottneros Mill spans several centuries—we take a long view when looking ahead.”
To support the affected employees, Rottneros is working with Sweden’s Trygghetsfonden and TRR, as well as the municipality of Sunne, to facilitate new employment opportunities.
Rottneros is a Swedish independent producer of market pulp, listed on Nasdaq Stockholm. The group includes Rottneros Bruk AB and Vallviks Bruk AB, which produce high-quality mechanical and chemical pulps, as well as Rottneros Packaging AB, specializing in molded fiber solutions. With additional operations in wood procurement and forestry management, the group employs approximately 285 people and reported a turnover of around SEK 2.7 billion.
