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UPM to Close Its Myllykoski Paper Mill

November 3, 2011

• UPM will provide support for temporary housing and travel due to relocation for a new job, with a total of €1 million reserved for this purpose. Support can be obtained until the end of 2013. Support will also be given if former UPM employees are employed by a company with which UPM has signed a cooperation agreement. Such companies include the SOK service centre in Renforsin Ranta Business Area, Kajaani and the Transtech Oy plant in Otanmäki.

• UPM’s re-employment obligation will be extended from the statutory 9 months to 15 months.

UPM will also offer its employees an external employment service in addition to the public services offered by the Employment and Economic Development Office. The Employment and Economic Development Office has had a service point at the Myllykoski mill since September. The collaboration between UPM, the City of Kouvola, the Centre for Economic Development, Transport and the Environment, and the Employment and Economic Development Office has been excellent.

UPM to support the creation of replacement jobs in the Kouvola area

UPM, the Ministry of Employment and the Economy and the City of Kouvola are looking for a new industrial player to occupy the Myllykoski mill. Fields being looked into include bioenergy and the chemicals industry.

UPM will not establish a new business park in Myllykoski, but will continue to develop the nearby Voikkaa Business Park by actively seeking new businesses for the area. The excellent logistics, energy solutions and facilities in the area make the park an optimum location for many different types of businesses.

UPM will also establish a business incubator in the Voikkaa Business Park in collaboration with Kouvola Innovation Oy. The purpose of this three-year Protomo project is to encourage entrepreneurs to establish small businesses. It will also support the business start-up allowance scheme included in the “From Job to Job” program.
UPM Myllykoski
Myllykoski paper mill produces coated and uncoated magazine paper. The total production capacity of the mill’s three productions lines is 600,000 tonnes. The mill, situated in Myllykoski, Kouvola in the Kymenlaakso region, employs 371 people. The mill was established in 1892.

Source: UPM.


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