UPM Plywood has completed the employee negotiations at Jyväskylä plywood mill

Press Release 30.11.2015 9:30 EET

(UPM Plywood, Lahti, Finland, 30 November 2015 at 09:30 EET) - The employee negotiations regarding production re-organization and outsourcing of mill cleaning at Jyväskylä plywood mill have been completed. The negotiations were started in October. As a result of the negotiations 23 production vacancies will become redundant. In addition, three vacancies in mill cleaning will be outsourced and moved to another employer. At the start of the negotiations the redundancies were estimated at about 30 persons.

The decided redundancies will gradually take place during the winter and spring. Eleven persons losing their jobs have the opportunity to be included in a pension scheme. The mill's personnel after the reductions will be about 200 persons, of which, about 150 work in production.

For more information, please contact:
Tero Hannonen, Mill Director, UPM Jyväskylä plywood mill, tel. +358 40 771 7408

UPM Plywood, Stakeholder Relations
tel. +358 204 151 13
Mon.-Fri.  9-16 EET

UPM Plywood manufactures high-quality WISA® plywood and veneer products mainly for construction and transport industries and the new thermo-formable UPM Grada wood material for the form pressing industry. The sales of UPM Plywood in 2014 were EUR 440 million and it has about 2,300 employees. UPM Plywood has six plywood mills and a veneer mill in Finland, and plywood mills in Russia and Estonia. www.wisaplywood.comwww.upmgrada.com

UPM Jyväskylä plywood mill manufactures standard uncoated and coated plywood products  and special products. The mill manufactures also the thermo-formable UPM Grada wood material. The mill uses both birch and spruce as raw material. Products manufactured in Jyväskylä are used mainly in construction, form working and vehicles. UPNM Grada is used mainly in furniture and interiors. Jyväskylä plywood mill employs about 200 persons and the mill's production capacity is 100,000 cubic meters per annum.

Through the renewing of the bio and forest industries, UPM is building a sustainable future across six business areas: UPM Biorefining, UPM Energy, UPM Raflatac, UPM Paper Asia, UPM Paper Europe and North America and UPM Plywood. Our products are made of renewable raw materials and are recyclable. We serve our customers worldwide. The group employs around 20,000 people and its annual sales are approximately EUR 10 billion. UPM shares are listed on NASDAQ OMX Helsinki. UPM - The Biofore Company - www.upm.com