International Business News - UPM http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Paper company UPM-Kymmene Corp. said Wednesday it is planning to close several of its self-adhesive label production lines in Finland and elsewhere in Europe and ax some 340 jobs by end-2009. http://www.ibtimes.com/articles/20081112/upm-plans-to-cut-label-stock-capacity-lay-off-340.htm Wed, 12 Nov 2008 09:31:20 EST The world's largest magazine paper maker, UPM-Kymmene Corp. ,said Thursday it will close two mills in Finland by year-end and ax 700 jobs. The layoffs, at the Kajaani paper mill and Tervasaari pulp mill, come on top of previously announced worldwide job cuts of some 1,600 planned for 2009 and 2010. http://www.ibtimes.com/articles/20081106/upm-closes-mills-cuts-700-jobs-in-finland.htm Thu, 06 Nov 2008 03:53:05 EST UPM-Kymmene Corp., the world's top magazine paper maker, said Tuesday it swung to a net loss in the third quarter because of plant closure costs and warned of further layoffs and production cuts. http://www.ibtimes.com/articles/20081028/finlands-upm-swings-to-3q-net-loss.htm Tue, 28 Oct 2008 13:57:46 EDT More than 5,000 UPM-Kymmene Corp. workers on Tuesday shut the paper maker's mills in Finland, in protest against thousands of layoffs and cutbacks announced last week. http://www.ibtimes.com/articles/20080916/finnish-upm-workers-in-protest-strike-over-layoffs.htm Tue, 16 Sep 2008 05:44:03 EDT Finnish paper maker UPM-Kymmene Corp. said Wednesday it will lay off 1,600 employees and cut production to improve competitiveness. The mill closures and layoffs--planned for 2009 and 2010--will be accompanied by company streamlining measures aimed at saving euro70 million ($100 million) in fixed costs, UPM said. http://www.ibtimes.com/articles/20080910/finnish-paper-maker-upm-to-lay-off-1-600-workers.htm Wed, 10 Sep 2008 04:46:33 EDT UPM-Kymmene Corp., the world's largest magazine paper maker, posted a profit Thursday for the second quarter due to higher European magazine paper prices and improved efficiency but warned that increasing wood costs may lead to production cuts. http://www.ibtimes.com/articles/20080724/upm-kymmene-posts-2q-profit-may-cut-output.htm Thu, 24 Jul 2008 12:33:25 EDT