Moelven to reduce plywood production in Sweden

Moelven Vänerply AB is reducing plywood production at Otterbäcken mill in Sweden and is therefore forced to give notice of layoffs. This is a consequence of weak consumption in the market. "For a long time we have seen a clear decline in the indicator of an ever lower construction activity, but we have until now still managed to keep the volumes at a good level. But now we are in a situation where we need to take this difficult step", says CEO Magnus Ingves at Moelven Vänerply. Up to 18 people will be affected by ...