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UPM

43 posts

UPM complains of market fluctuations due to Russian birch plywood illegally entering Europe

In the first quarter of 2024, the plywood market saw notable shifts…

Q1/2024 strikes hit Finnish forestry giants profits hard

Finnish forestry giants Stora Enso and Metsä Group reported high profit losses due…

UPM announces negotiations on possible temporary layoffs

The negotiations will affect over 2,200 employees at all the forestry firm’s…

UPM upgrades Korkeakoski sawmill in Finland

UPM invests nearly Euro 10 million in the modernization of the Korkeakoski…

UPM considers production adjustments; starts temporary layoff negotiations

UPM Pulp, UPM Timber, UPM Communication Papers and UPM Biofuels will start…

UPM Plywood’s Q3 performance in the red due to lower delivery volumes

UPM Plywood reported a decrease in comparable EBIT for Q3 2023 compared…

UPM sales fall in Q3/2023, company sees reasons for optimism

In July-September, UPM’s net sales fell by 24 percent from the previous…

UPM appoints new CEO

UPM has appointed the Italian Massimo Reynaudo as the company’s next CEO.…

UPM: Wood procurement outside Finland is growing

There are changes in UPM’s forest management. Antti Koulumies, who currently leads…

Capacity will continue to be reduced, says UPM’s CEO

The scarcity of raw wood affects the plans of forest companies more…