Stora Enso Oyj Stock Exchange Release 15 January 2008 at 12.00 GMT
Stora Enso's co-determination negotiations regarding Kymenlaakso ended on 11 January 2008 and regarding Kemijärvi on 15 January 2008. The negotiations were carried out in a constructive manner, and all parties tried to find a solution to the situation. Stora Enso will announce the decisions on 17 January, when it will also comment on the content of the negotiations.
People's concern for their jobs is well understood. Stora Enso has asked consultants Ernst & Young to evaluate the initiatives presented and to find new, economically viable solutions for the Kemijärvi and Kymenlaakso regions. Stora Enso has also had meetings with the labour authorities, Employment and Economic Development Centres and representatives of the government in order to find solutions.
For further information, please contact:
Aulis Ansaharju, EVP, Fine Paper and Country Manager, Finland, +358 400 480 984
Kari Vainio, EVP, Corporate Communications, tel. +44 7799 348 197
Ulla Paajanen-Sainio, VP, Investor Relations and Financial Communications, tel. +358 2046 21242
Stora Enso Oyj
pp. Jukka Marttila Leena Bergqvist
