UPM (company)

UPM-Kymmene Oyj
Company typeJulkinen osakeyhtiö
Nasdaq HelsinkiUPM
IndustryPaper, pulp and timber
PredecessorRaf. Haarla Oy Edit this on Wikidata
Founded1996 (1996)
Headquarters,
Key people
Henrik Ehrnrooth (Chairman), Massimo Reynaudo (President and CEO)
ProductsPulp, paper, plywood, sawn timber, labels and composites, bioenergy, biofuels for transport and biochemicals
Revenue€11,720 million (2021)[1]
€2,096 million (2022)[1]
€1,556 million (2022)[1]
Total assets€22,207 million (2022)[1]
Total equity€12,879 million (2022)[1]
Number of employees
17,200 (2022)[1]
Websitewww.upm.com

UPM-Kymmene Oyj is a Finnish forest industry company. UPM-Kymmene was formed by the merger of Kymmene Corporation with Repola Oy and its subsidiary United Paper Mills Ltd in 1996.[2] UPM consists of six business areas: UPM Fibres, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Communication Papers and UPM Plywood.[3] The Group employs around 17,000 people and it has production plants in 11 countries.[4] UPM shares are listed on the NASDAQ OMX Helsinki stock exchange. UPM is the only paper company which is listed in the global Dow Jones Sustainability Index[5] and also a member of the United Nations Global Compact organization.[6]

UPM is the owner and maintainer of the Verla mill, which has been a museum since 1972 and a UNESCO World Heritage Site since 1996.[7]

  1. ^ a b c d e f "UPM Annual Report" (PDF). UPM. Retrieved 28 April 2023.
  2. ^ "About us - UPM history". upm.com. Archived from the original on 9 August 2015. Retrieved 1 June 2016.
  3. ^ "UPM Financial Review 2021". UPM.
  4. ^ "About us - UPM". Retrieved 28 April 2023.
  5. ^ "UPM listed as only paper company in the Dow Jones Sustainability Indexes". TheGuardian.com. 9 October 2012. Retrieved 1 June 2016.
  6. ^ "UN invites UPM to join a group of world's top 50 sustainability leaders". UPM Biofore. Retrieved 19 January 2016.
  7. ^ "Untitled Document". Retrieved 1 June 2016.

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