Paper Workers' Union Confirms Collective Labour Agreements for All Five UPM Businesses

June 5, 2024 (Press Release) - At its meeting today, the Board of the Paper Workers' Union has confirmed the negotiated results of the collective labour agreements for the Finnish mills and biorefinery of UPM Pulp, UPM Communication Papers, UPM Specialty Papers, UPM Raflatac and UPM Biofuels.

An agreement was reached earlier today in the last open negotiations at UPM Specialty Papers.

The new collective labour agreements will have a two-year contract period and will enter into force immediately. The agreed wage increases in the collective agreements will take effect from 1 July 2024.

"We are pleased that, after long and thorough negotiations, we have reached five agreements where we have jointly developed the content of the agreements to meet the needs of each business," says Riitta Savonlahti, Executive Vice President, HR at UPM.

UPM delivers renewable and responsible solutions and innovates for a future beyond fossils across six business areas: UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Communication Papers and UPM Plywood.

SOURCE: UPM

Read a related article on PaperAge's website: UPM Prepares to Adjust Production Temporarily in Finland; Possible Temporary Layoffs - March 8, 2024.