President of Uruguay, Dr Tabaré Vázquez, visited UPM's Biofore House

(UPM, Helsinki, 13 February, 2017 at 17:30 EET) - In connection to his visit to Germany, Finland and Russia, President of Uruguay, Dr Tabaré Vázquez also visited UPM's Biofore House in Helsinki. The President's delegation included several Uruguayan cabinet members and was hosted by UPM's President and CEO, Jussi Pesonen.

During the visit Pesonen presented UPM's operations highlighting, among other things, the importance of cost competitiveness and the fundamental role of logistics infrastructure in all environments where UPM operates.

Pesonen appreciated Uruguay's long-standing commitment in developing forestry sector in the country.

"The visit to Europe is an example of that commitment, actively building and strengthening networks to continue this development," says Pesonen.

In July 2016, UPM started discussions in Uruguay with the Government of Uruguay on the local prerequisites for long-term industrial growth. The discussions in Montevideo have proceeded in a positive spirit. However, at present, a number of issues remain unsettled and the discussions continue.

Photos of the visit can be found here.

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UPM
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 Specialty Papers, UPM Paper ENA and UPM Plywood. Our products are made of renewable raw materials and are recyclable. We serve our customers worldwide. The group employs around 19,300 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

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