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March 2, 2022

Other Finnish forestry companies continue to operate in Russia

Other Finnish forestry companies continue to operate in Russia
Except Stora Enso, the two other Finnish forestry giants have not announced any changes in their operations in Russia. Timber imports will also remain unchanged for the time being.    UPM has a plywood mill and label distribution units in Russia. According to the company's communications, the development of the situation is being monitored and preparations are being made to act accordingly.    The operation of the labelstock distribution terminal in Ukraine has been suspended. Employees have been paid several months' salary in advance to better prepare for an uncertain situation. UPM is ...

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