UPM-Kymmene Corporation Stock Exchange Release 29 November 2013 at 15:30 EET
As announced on 6 August 2013, UPM implements a new business structure to drive clear improvement in profitability. The company also seeks to simplify and further develop its business portfolio.
As of 1 November 2013, UPM’s new structure consists of the following business areas and reporting segments: UPM Biorefining, UPM Energy, UPM Raflatac, UPM Paper Asia, UPM Paper ENA (Europe and North America) and UPM Plywood. Forests and wood sourcing are reported in Other operations. Financial reporting according to the new structure takes place from Q4 2013 onwards.
UPM Media Desk
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 Paper Asia, UPM Paper Europe and North America and UPM Plywood. Our products are made of renewable raw materials and are recyclable. We serve our customers worldwide. The group employs around 22,000 people and our annual sales exceed € 10 billion. UPM shares are listed on NASDAQ OMX Helsinki. UPM – The Biofore Company – www.upm.com