Brief: Ence To Cut 44 Jobs At Navia Biofactory By 2027
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 Source text Further company coverage: ENC.MC (Gdansk newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10))
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