UPM Plywood and the Industrial Union have today signed the new collective labor agreement for UPM Plywood mills in Finland. The strikes at the mills are ending and work will start immediately.
"We are pleased to have reached an agreement and to be able to start the work in our mill operations. We managed to find a solution that secures the purchasing power of our employees and supports the future success of UPM Plywood mills," says Juhani Tenhunen, Vice President, Operations at UPM Plywood.
The new company specific collective agreement is set to take effect today and is valid until the end of 2027.
For further information please contact:
Juhani Tenhunen, Vice President, Operations, UPM Plywood, tel. +358 (0)204 158 555
UPM, Media relations
Mon-Fri 9:00–16:00 EEST
tel. +358 40 588 3284
media@upm.com
UPM Plywood offers high-quality WISA® plywood and veneer products for construction, vehicle flooring, LNG shipbuilding, parquet manufacturing and other industrial applications. In 2024, UPM Plywood sales were EUR 430 million and it had around 1,600 employees. – www.wisaplywood.com
UPM is a material solutions company, renewing products and entire value chains with an extensive portfolio of renewable fibres, advanced materials, decarbonization solutions, and communication papers. Our performance in sustainability has been recognized by third parties, including EcoVadis and the Dow Jones Sustainability Indices. We operate globally and employ approximately 15,800 people worldwide, with annual sales of approximately €10.3 billion. Our shares are listed on Nasdaq Helsinki Ltd.
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