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Paper ops sales complete | PrintWeekIndia

UPM has completed the sale of all of its Russian operations while Stora Enso has completed the divestment of its Hylte paper site.

Southwest finlandBaden wübergSankt peterburgTverskaya oblastJonkopings lanSchwarz produktionStora ensoGungnir wooden productsSweden timberPackaging materials

UPM has sold all its Russian assets to Gungnir Wooden Products Trading

UPM has completed withdrawal of its businesses from Russia by selling all its Russian operations, including the Chudovo plywood mill, to Gungnir Wooden Products Trading. The parties have agreed not to disclose the details of the transaction. Following Russia's war of aggression in Ukraine, UPM announced in March 2022 suspension of its business activities in Russia, including deliveries, wood procurement and the Chudovo plywood mill.

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Paper ops sales complete

UPM has completed the sale of all of its Russian operations while Stora Enso has completed the divestment of its Hylte paper site.

Sankt peterburgTverskaya oblastJonkopings lanBaden wübergSouthwest finlandSchwarz produktionStora ensoGungnir wooden productsSweden timberPackaging materials

UPM-Kymmene Corporation: UPM has sold all its business operations in Russia to Gungnir Wooden Products Trading

(UPM, Helsinki, 3 April 2023 at 09.00 EEST) - UPM has completed withdrawal of its businesses from Russia by selling all its Russian operations, including the Chudovo plywood mill, to Gungnir Wooden Products

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Finland s UPM sells business in Russia, including Chudovo plywood mill

Finland s UPM sells business in Russia, including Chudovo plywood mill
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