Newsprint maker hit by smaller papers

The Netherlands’ only newsprint manufacturer Norske Skog Parenco in Gelderland, is to reorganise because of falling demand for newsprint.

The revamp will involve compulsory redundancies but it is not yet clear how many, the Financieele Dagblad reports. The plant has a workforce of 420 and the revamp involves shutting down one of the two paper mills.

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