UPM’s CEO: Finnish wood remains far too expensive as cost pressures hit mill operations

UPM CEO Massimo Reynaudo says Finland’s wood prices remain significantly too high…

UPM barely keeps its nose above the surface

UPM reported net sales of €2.298 billion in the third quarter of…

UPM’s change negotiations concluded at Kaukas mill; lumber production continues

Forestry company UPM has confirmed it will close its Kaukas paper mill…

Versowood acquires UPM’s Korkeakoski sawmill as UPM shifts away from mechanical wood processing

Versowood Oy has acquired UPM’s Korkeakoski sawmill in a transaction announced today.…

UPM considers divesting UPM plywood under strategic review

UPM-Kymmene Corporation said on it has initiated a strategic review of its…

High wood costs and geopolitical pressures hit Finnish forest industry earnings

Major Finnish forest industry companies reported weaker second-quarter profits this week, as…

Strike at UPM Plywood mills continues as negotiation fails

The ongoing strike at forestry giant UPM Plywood in Finland will continue…

Sauli Brander joins Metsä Group from UPM to lead wood procurement

Sauli Brander has been appointed as the Chief Customer Officer of Wood…

Strike at UPM Plywood mills continues

The five-week strike at forestry giant UPM Plywood in Finland will continue…

Finland: Negotiations progress for 70 forestry companies, but not at UPM Plywood

Ten new company-specific collective agreements have been negotiated in the mechanical forest…