UPM closes Plattling mill in Germany – Participation process with employee representatives concluded
20 Octobre 2023 - 11:30AM
UPM closes Plattling mill in Germany – Participation process with
employee representatives concluded
(UPM, Helsinki, 20 October 2023 at 12:30 EEST) – In July UPM
Communication Papers announced plans to permanently close its
Plattling mill in Germany to align graphic paper capacity to the
customer demand. The participation process with the employee
representatives has now been completed and the mill will cease its
production latest by the end of November 2023.
The number of UPM employees affected is 401. Graphic paper
production on the two machines is expected to end on 15 November
(PM 11) and on 22 November (PM 1), reducing the coated and uncoated
publication paper capacity by 595,000 tonnes in Europe.
“Together with the Workers’ Council, we entered into a fair
dialogue with the aim of creating responsible solutions for our
employees. Thanks to the considerate and collaborative attitude of
all parties involved during the consultations, socially acceptable
solutions were achieved with a clear focus on possible follow-up
employment, ultimately mitigating the impact of the closure for our
employees,” says Gerhard Mayer, General
Manager.
The financial impact estimate of the mill closure is confirmed
to remain materially unchanged from the announcement of 25 July
2023.For further information please contact:UPM
Communication Papers Stakeholder Relations, tel. +49 821 3109 225,
paperinfo@upm.com
For local information please contact:Gerhard
Mayer, General Manager, tel. +49 9931 502113
UPM, Media RelationsMon-Fri 9:00-16:00 EESTtel.
+358 40 588 3284media@upm.com
UPM Communication PapersUPM Communication
Papers is the world's leading producer of graphic papers, offering
an extensive product range for advertising and publishing as well
as home and office uses. The high performing papers and service
concepts of UPM add value to our customers' businesses, while
actively fulfilling demanding environmental and social
responsibility criteria. With headquarters in Germany, UPM
Communication Papers employs approximately 6,300 people. More about
UPM Communication Papers and its products
at www.upmpaper.com
Follow UPM Communication Papers on LinkedIn
UPMWe deliver renewable and responsible
solutions and innovate for a future beyond fossils across six
business areas: UPM Fibres, UPM Energy, UPM Raflatac, UPM Specialty
Papers, UPM Communication Papers and UPM Plywood. As the industry
leader in responsibility, we are committed to the UN Business
Ambition for 1.5°C and the science-based targets to mitigate
climate change. We employ 17,200 people worldwide and our annual
sales are approximately EUR 11.7 billion. Our shares are listed on
Nasdaq Helsinki Ltd. UPM Biofore – Beyond
fossils. www.upm.com
Follow UPM
on X | LinkedIn | Facebook | YouTube | Instagram |
#UPM #biofore #beyondfossils
UPM Kymmene Oyj (TG:RPL)
Graphique Historique de l'Action
De Avr 2024 à Mai 2024
UPM Kymmene Oyj (TG:RPL)
Graphique Historique de l'Action
De Mai 2023 à Mai 2024