Update: Finnish Stevedores' Strike Closes UPM's Paper Mills in Finland
UPM-Kymmene will commence paper mill shut downs in Finland as soon as operations are no longer possible due to the lack of raw material and paper storage. In line with the Finnish Contracts of Employment Act, the company will suspend salary payment 7 days after the end of paper machine production work.
UPM-Kymmene says it aims to deliver customer orders from its mills located in other countries. Nearly half of the company's paper production capacity is located in Finland.