Inside information: Metsä Board plans to close its Tako board mill and enhance the operational efficiency of its Kyro board mill

Due to the prolonged weak profitability, Metsä Board, part of Metsä Group, plans to close its Tako mill as well as to improve the efficiency of its Kyro mill, and launches change negotiations at both mills and related operations. The negotiations will involve a total of approximately 360 employees and may lead to a reduction of up to 215 employees. The negotiations are expected to last at least six weeks. If the plan is implemented, production at Tako mill would end in 2025. The aim of the change negotiations at the Kyro mill is to improve the profitability of the mill and safeguard its operational conditions. Any decisions on personnel reductions and mill closure will only be taken after the change negotiations have been concluded.

In recent years, the production of folding boxboard at Tako and Kyro mills has remained well below capacity due to the market situation, and the mills have had to implement several temporary layoffs. Due to weak market situation and rapidly rising costs, both mills have been loss-making in 2023 and 2024. The cost competitiveness of Tako board mill is particularly weakened by its high energy costs and the small size of its production lines. The development of the mill is limited by its exceptional location in the centre of the city of Tampere.
more at: https://www.metsagroup.com/metsaboard/news-and-publications/news/2025/inside-information-metsa-board-plans-to-close-its-tako-board-mill-and-enhance-the-operational-efficiency-of-its-kyro-board-mill-to-improve-the-companys-competitiveness-and-profitability/