The planned measures include:

• permanent closure of the UPM Myllykoski mill in Kouvola in Finland
• permanent closure of the UPM Albbruck mill in Germany
• permanent closure of the paper machine 3 at the UPM Ettringen mill in Germany
• transfer of the sheeting lines from UPM Albbruck mill to UPM Plattling mill in Germany
• sale or other exit of the UPM Stracel paper mill from UPM Paper Business Group
• restructuring of overlapping paper sales and supply chain network as well as global functions.

In addition, UPM plans to temporarily close the paper machine 2 producing uncoated fine paper at UPM Nordland Papier in Germany and streamline operations in Pietarsaari pulp and paper mills in Finland.

The planned closure of the Myllykoski and Albbruck mills and the paper machine 3 of UPM Ettringen would be scheduled by the end of 2011. The Stracel mill sales process would start this autumn and is expected to be completed within twelve months.

The implementation of the plan would reduce the number of employees by approximately 1,170.