21 Sep 2006

Profit improvement plan

Norske Skog`s Corporate Assembly has unanimously approved the Board of Directors recommendation calling for a profit improvement plan.
 
An important part of the plan is a de-manning program targeted to reduce the number of employees by some 1,000. The largest cuts in relative terms will affect administrative functions, but the mills will also see considerable reductions.
 
Oxen°en, Sept 21, 2006
 
NORSKE SKOG
Corporate Communication