UPM Kymmene, S.A. Information

UPM-Kymmene is one of the world's largest forest industry companies and paper producers. The Group's operations are focused on the European Union countries and the United States. It has production plants in 15 countries and a global marketing network. Printing papers are UPM-Kymmene's main field of expertise. These products account for more than half of the company's total turnover. UPM-Kymmene is the world leader in producing magazine papers. It also produces newsprint and fine paper. Apart from printing and writing papers, UPM-Kymmene is one of the leading converting materials producers. The company is also a major force in mechanical wood processing: in Europe it is the biggest plywood manufacturer and one of the biggest producers of sawn timber. Turnover in 1998 was FIM 50 billion, EUR 8,4 billion. UPM-Kymmene employs 32,000 people. The company's shares are listed on the Helsinki and the New York stock exchanges.