The Finnish Wood Products Company Koskisen has begun restructuring talks that will affect 800 employees across Finland.
Photo Credit; Koskisen.fi
Koskisen has initiated change negotiations that will affect approximately 800 employees across its Finnish operations. The proposed changes could lead to the reduction or permanent alteration of up to 40 positions. Additionally, the negotiations may result in temporary layoffs affecting various roles within the company’s panel and sawn timber divisions.
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The aim is to conclude the change negotiations by the end of 2026 at the latest.
“We have implemented the company’s growth strategy systematically through major investments and a business acquisition. As the operating environment remains challenging, we need increasingly determined measures to develop our own operations and improve our competitiveness. In addition to the volatile operating environment, we are challenged by a significant increase in the costs of key production inputs,” says Jukka Pahta, CEO of Koskisen.
If implemented, the planned simplification and efficiency measures would affect various functions across the Group. In the Panel Industry, they continue the previously announced changes to business management and the management model. The ongoing investment program in the Panel Industry has enabled volume growth and the automation of production. In the Sawn Timber Industry, the major investments in the Järvelä sawmill are nearing completion. The focus is now shifting to renewing the organisation and streamlining processes in order to gain the full benefit of the investments.
“Koskisen has a strong financial position, a unique integrated business model and a distinctive market strategy, which make the company a competitive player in the mechanical forest industry. This gives us a good starting point for achieving profitable growth in line with our strategy, which we are now supporting with the planned measures,” says Pahta.
Koskisen is an international wood processing specialist and is 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 2025 revenue was EUR 355 million. Read more: koskisen.com
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