Brief: Ence To Cut 44 Jobs At Navia Biofactory By 2027

ENCE Energia y Celulosa SA

20/02/2026 09:56

Feb 20 (Reuters) - Ence Energia y Celulosa SA ENC.MC:

REACHES AGREEMENT ON COLLECTIVE DISMISSAL AT NAVIA BIOFACTORY

AGREEMENT INCLUDES TERMINATION OF 44 EMPLOYMENT CONTRACTS BY 2027

POTENTIAL ANNUAL SAVINGS OF €22/T AND €26 MILLION CASH OUTFLOW

UP TO 40 RELOCATIONS WITHIN GROUP BY JUNE 2028

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