UPM-Kymmene
The forestry industry in Finland gave birth to UPM-Kymmene, which began operations in the early 1870s with the group's first mechanical pulp mill, paper mills, and sawmills. It began pulp production in the 1880s, paper converting in the 1920s, and plywood manufacture in the decade after that.
The Kymmene Corporation and Repola with its subsidiary United Mills announced a merger in autumn 1995, and UPM-Kymmene began operations in May 1996. Pulp packaging, timber products, plywood, speciality and communication paper, and on-pack labeling are the company's main goods. Furthermore, it is active in the biofuels and energy industries.
The corporation, which is headquartered in Helsinki, Finland, employs 18,700 individuals who work in 12 countries and sell their products on six continents.
Jussi Pesonen is the current CEO of UPM-Kymmene, which had revenues of €10.2 billion ($12.3 billion) in 2019.
Founded: May 1, 1996
Headquarters: Helsinki, Finland
Revenue: 8.58 billion EUR (2020)
Website: https://www.upm.com/