Production at UPM Raflatac's Tampere factory in Finland has returned to normal following resolution of strike; employees returned to work April 25, ramp-up proceeded as planned, and production volumes reached normal levels during first week after strike

HELSINKI , May 4, 2022 (press release) –

UPM Raflatac and the Finnish Paperworker’s Union signed a business specific collective labour agreement on April 22, 2022. As a result, the Paperworker’s Union’s strike at the Tampere factory in Finland ended on the same day and employees returned to work on April 25. The production ramp-up has proceeded as planned. Production volumes reached normal levels during the first week after the strike.

“We are pleased that a new business-specific agreement is now reached with the Finnish Paperworkers’ Union, enabling us to better serve our customers in the future. The agreement allows for additional production flexibility at our Tampere factory and gives us the ability to better respond to demand peaks. Increased capacity utilization also opens future opportunities for employment,” says Antti Jääskeläinen, Executive Vice President, UPM Raflatac.

The agreements made between the Paperworkers’ Union and other UPM businesses will result in improved supply security for the global label industry. However, the tight raw material and logistics situation, which has been constrained since early 2021, is expected to continue impacting the global label industry supply chain. UPM Raflatac will closely monitor the situation and keep customers informed on the availability of impacted products.

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Read the UPM press release about the ending of the strike here.

For further information please contact:
Media contacts coordinated by Saku Uotila, Senior Specialist, Communications, UPM Raflatac, tel. +358 2041 50828 or saku.uotila@upm.com

UPM, Media Relations
Mon-Fri 9:00-16:00 EET
tel. +358 40 588 3284
media@upm.com

UPM Raflatac
UPM Raflatac is leading in sustainable labeling through our innovative self-adhesive label materials and services. We offer high-quality paper and film label stock for branding and promotion, informational labels, and labels with functionality. We operate a global network of factories, distribution terminals and sales offices. Our company employs around 3,000 people and made sales of EUR 1.7 billion (USD 1.9 billion) in 2021. UPM Raflatac is part of UPM. Find out how we are labeling a smarter future beyond fossils at www.upmraflatac.com.

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UPM
We deliver renewable and responsible solutions and innovate for a future beyond fossils across six business areas: UPM Fibres, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Communication Papers and UPM Plywood. As the industry leader in responsibility, we are committed to the UN Business Ambition for 1.5°C and the science-based targets to mitigate climate change. We employ 17,000 people worldwide and our annual sales are approximately EUR 9.8 billion. Our shares are listed on Nasdaq Helsinki Ltd. UPM Biofore – Beyond fossils. www.upm.com

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