Tag: UPM Kyummene Chudovo

UPM sells its Russian enterprise to its own subsidiary

As Novy Prospekt Newpaper reports, Finnish UPM has changed the ownership structure of its Russian enterprises. According to SPARK, ASTRONAUT RUS HOLDINGS OY, a Finnish joint-stock company, has become the sole owner of UPM Kymmene LLC (trading in...

Ilim Timber targets European markets

The three leaders exporting plywood to Europe are Ilim Timber, Zheshart Plywood Mill, and UPM-Kyummene Chudovo. The positions of the largest exporter were transferred to the supplier of softwood plywood Ilim Timber with a volume of 87,300 m3...