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Ponsse is starting cooperation negotiations regarding potential operational adaptations in Finland

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Ponsse is starting cooperation negotiations regarding potential operational adaptations in Finland

PONSSE PLC, PRESS RELEASE 20 OCTOBER 2026 AT 9.10 AM (EEST)

Ponsse Plc will hold change negotiations covering its entire personnel in Finland on 20 October 2026, in accordance with the Co-operation Act, to discuss potential measures to adjust operations to the weakened market environment. Ponsse’s subsidiary Epec Oy is not included in the negotiations.

The uncertain market environment and the challenges faced by the forest industry continue to affect the demand for forest machines. Ponsse’s order books are not at a sufficient level relative to production capacity. The company’s profitability has also weakened.

As an adjustment and cost-saving measure, Ponsse is planning potential adjustments to production in Vieremä for 2027. Consequently, the company is considering potential temporary layoffs affecting production personnel and other blue-collar employees as well as salaried and senior salaried employees during 2027.

“The market environment remains challenging, and demand is not at a sufficient level relative to our production capacity. Under these circumstances, we must take the necessary measures and prepare for potential temporary layoffs in 2027. We will continue our customer work as normal, take care of our customers and ensure the continuity of our services even in the event of potential temporary layoffs,” says President and CEO Juho Nummela.
 

Estimation of the impact and timing of the planned measures

According to Ponsse’s estimate, if implemented, the planned measures may lead to potential temporary part-time or full-time layoffs for a maximum of 90 days during 2027 for the employees covered by the negotiations. The negotiations cover a total of 1,109 employees across Ponsse’s operations in Finland. The negotiations do not concern any redundancies.
 

FURTHER INFORMATION FOR THE MEDIA:
Juho Nummela, President and CEO
Ponsse Plc
tel. +358 400 495 690

Ponsse Plc is a company specialising in the sales, manufacture, servicing and technology of cut-to-length method forest machines and is driven by genuine interest in its customers and their business. Ponsse develops and manufactures sustainable and innovative harvesting solutions based on customers’ needs.

The company was established by forest machine entrepreneur Einari Vidgrén in 1970, and it has been a leader in timber harvesting solutions based on the cut-to-length method ever since. Ponsse is headquartered in Vieremä, Finland. The company’s shares are quoted on the Nasdaq Nordic List.