SWEDEN (News release) -- Setra has started the process of closing down operations at Rolfs in Kalix, northern Sweden. The unit has some 60 employees and produces sawn wood products and processed products, primarily for builders' merchants in Scandinavia.

The reason for the closure is that Setra plans to increase synergies within the Group to develop long-term competitiveness. Setra has previously sold units that were not directly linked to, or that do not support, its core business.

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