Stora Enso, Europe's largest paper and board maker, will cut production and execute temporary lay-offs at three Finnish mills next year due to weak demand, according to Reuters.

The company is considering whether to cut paper and board production at its Veitsiluoto, Anjala and Inkeroinen mills for up to one week per month during the first half of 2012, spokeswoman Paivi Kauhanen said.

Stora Enso warned in October it will step up manufacturing cuts due to the weakening demand. In the third quarter it curtailed its paper and board production by 9 percent of its capacity.