Faced with weakening profitability, Norske Skog is launching a complete cost overhaul. The Norwegian papermaker, which employs around 1,700 people in Europe, will cut up to 200 jobs by 2027.
"The markets have long been marked by overcapacity and low margins, within a restrictive regulatory framework." says the group, which is listed on the Oslo Stock Exchange. The papermaker also points out that graphic paper "is faced with declining demand for certain products" . He also mentions a more recent economic factor : "Marked inflation in energy and raw materials prices is putting further pressure on profitability."
The downsizing will affect all sales offices and four production sites in several European countries. It will affect both operational and support functions, and will be carried out partly through the non-replacement of natural departures and a hiring freeze. Norske Skog assures that its production capacities and deliveries will not be impacted.
In parallel with this reorganization, the long-standing graphic paper producer is continuing to diversify into packaging paper, a sector in full expansion "full growth . After an initial conversion of its Bruck site in Austria, in 2023, the Golbey plant in the Vosges region has also been adapted to produce corrugated base paper (PPO) since May 2025 .
