UPM

United Paper Mills-Kymmene, Europe’s second largest paper firm, to cut 860 jobs

Europe’s second largest paper production firm intends to cut 860 jobs worldwide after the eurozone crisis reduced the demand for paper. The struggling European economy has affected the use and need for paper, the Finland-based UPM (United Paper Mills)-Kymmene said on Thursday. The supply of graphic papers has significantly outweighed the demand in Europe. “The … Continue reading →