Norske Skog Implements Efficiency Measures and Workforce Downsizing to Strengthen Competitiveness

Norske Skog ASA is advancing its strategic efforts to boost revenue in the growing packaging market while navigating declining demand in publication paper segments marked by overcapacity and slim margins. To counter inflationary pressures in energy and raw materials, the company undertook a comprehensive cost review revealing numerous savings and operational efficiencies. From 2025 to 2027, Norske Skog will reduce its workforce by up to 200 full-time positions through attrition and hiring freezes, without impacting production capacity or customer deliveries. CEO Geir Drangsland highlights these actions will significantly cut costs, enhance profitability, and maintain the delivery of high-quality publication and packaging paper. Norske Skog remains committed to diversifying into high-margin markets through ongoing development projects across its four European industrial sites.