Holmen’s interim report January-June 2017

The Paper Workers’ Union has terminated its collective agreements with UPM Pulp, UPM Communication Papers, UPM Specialty Papers, UPM Raflatac and UPM Biofuels businesses to expire mid-term on 21 or 22 April 2024, depending on the agreement. "The Paper Workers’ Union's decision to terminate the collective agreements in the middle of the contract period is regrettable. We had hoped that wage increases and productivity improvements could have been discussed constructively without terminating the agreements. Our aim is to find mutually beneficial solutions without creating unnecessary insecurity," says Jyrki Hollmén, Vice President, Labour Markets at UPM. UPM's businesses and the Paper Workers’ Union have been negotiating for the last two years of the contract period. So far, the negotiations have focused on the parties' objectives. The business environment has changed significantly since the agreements were signed in 2022. UPM underlines the importance of defining wage increases in relation to mutually agreed productivity improvements.

Initially announced in January 2020, Ahlstrom-Munksjö has completed its investment and started production for additional capacity in both filtration and energy storage materials at its plant in Turin, Italy. By successfully expanding manufacturing facilities, Ahlstrom-Munksjö is making a strong commitment to customers in both the High-Performance Filtration and Energy Storage markets. The new machine at the Turin plant is a state-of-the-art line specifically designed to produce glass microfiber media. The line will serve applications where glass microfiber media is required, supporting Ahlstrom-Munksjö’s growth initiatives in industrial filtration as well as in Absorbed Glass Matt (AGM), a key component in Lead Acid Batteries. In addition, the new line will also be able to deliver online saturated filter media, supporting the increasing global demand for filtration media.

BillerudKorsnäs today announces that negotiations with labour unions over a proposal for new organisation will be initiated within short. The proposal contains a full profit and loss responsibility in three divisions. “During my first months with BillerudKorsnäs, it has become clear to me that we have great conditions for profitable growth. In order for us to take maximum advantage out of these conditions, we need to become faster and clarify accountability within the company. This we now want to accomplish through a new organisation in three divisions with full profit and loss responsibility”, says Petra Einarsson, President and CEO of BillerudKorsnäs. Click Read More below for additional information.