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| Port workers' strike shuts down paper mills in Finland |
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http://www.sbdailynews.com
2011-03-09 |
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English.news.cn 2010-03-09 05:19:46 FeedbackPrintRSS
HELSINKI, March 8 (Xinhua) -- Several paper mills have been shut down due to the continuing port stevedores' strike in Finland, reported Finnish media on Monday.
About 3,000 dock workers went on strike Thursday last week, brought cargo traffic at Finnish seaports to a stop, crippling the country's foreign trade.
Finnish paper giant UPM said on Monday that it had shut down three of its paper mills located in Rauma, Lappeenranta and Jamsa, with plans to close lines in Kouvola and Valkeakoski later this week if the strike continues.
Another forest product company Stora Enso also said that it will cease paper production in Finland on Wednesday at the latest if the strike drags on.
Finnish papermakers have been quite sensitive to the impacts of the strike because its lack of storage space.
Finnish forest industry will lose 30 million euros (about 41 million U.S. dollars) of export revenue a day during the strike. In terms of Finland's entire foreign trade, the strike could lead to a loss of about 160 million euros a day in export and more than 100 million euros per day on the import side.
Talks between the Transport Workers' Union and the port operators to end stevedores' strike would resume on Tuesday to end the impasse caused by disputes over compensation for laid-off stevedores. |
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