Clean Break: the company completely halting Russian engagements or exiting Russia

Leave Withdrawal

UPM-Kymmene Oyj is a Finnish woodworking company.

 
 
 
 
 

Clean Break: the company completely halting Russian engagements or exiting Russia

Leave Withdrawal
Revenue(RF), mln.USD
104
Assets(RF), mln.USD
135
Capital(RF), mln.USD
113
Glob.Revenue, mln.USD
10375
Staff(RF), 2021
1055
Taxes(RF), mln.USD
54
The Company Statement
April 03, 2023

Initially temporarily suspended operations and sales in Russia. UPM has sold all its business operations in Russia to Gungnir Wooden Products Trading. In January 2023, it was reported that "UPM sold its assets in Russia to JSC "Astranaut Rus Holding Oyj", a structure that is part of the holding." (intragroup sale).

Open the Statement
Statements Archive
April 03, 2023Finnish holding UPM sold all Russian assets to Gungnir Wooden Products Trading
April 03, 2023Finnish forestry firm UPM sells all of its Russia business
April 09, 2022UPM to suspend purchasing of wood in and from Russia and operations at its Chudovo plywood mill
March 03, 2022UPM will cease deliveries to Russia
Share the Company Status:
All company names used on this web page are for identification purposes only. All trademarks and registered trademarks are the property of their respective owners.
Company statements and statistical data are collected from open sources and official registers according to the methodology of the KSE Institute.
Scanner