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UPM-Kymmene Oyj (0NV5.IL)

IOB - IOB Delayed price. Currency in EUR
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33.31+0.23 (+0.70%)
At close: 05:33PM BST

UPM-Kymmene Oyj

Alvar Aallon katu 1
PO Box 380
Helsinki 00100
358 2041 5111

Sector(s)Basic Materials
IndustryPaper & Paper Products
Full-time employees17,571

Key executives

NameTitlePayExercisedYear born
Mr. Jussi Pesonen M.Sc. (Eng.)Pres & CEO2.95MN/A1960
Mr. Tapio Juhani Korpeinen M.B.A., M.Sc.CFO & Exec. VP of UPM EnergyN/AN/A1963
Mr. Petri HakanenSr. VP of Technology & Head of the Uruguayan Devel. ProjectsN/AN/AN/A
Mr. Mika MikkolaVP of Investor RelationsN/AN/AN/A
Mr. Juha MakelaGen. CounselN/AN/A1962
Ms. Hanna MaulaVP of Communications & BrandN/AN/AN/A
Ms. Riitta Savonlahti M.Sc. (Econ.)Exec. VP of HRN/AN/A1964
Ms. Pirkko HarrelaExec. VP of Stakeholder RelationsN/AN/A1960
Mr. Bernd Eikens Ph.D.Exec. VP of UPM FibresN/AN/A1965
Ms. Anu AholaSr. VP of SBU Newspaper Publishing for UPM Paper Europe & North AmericaN/AN/A1965
Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in EUR.


UPM-Kymmene Oyj engages in the forest-based bio industry in Europe, North America, Asia, and internationally. It operates through UPM Fibres, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Communication Papers, UPM Plywood, and Other operations segments. The company provides softwood, birch, and eucalyptus pulp for tissue, specialty, and graphic papers and packaging; sawn timber for joinery, packaging, furniture, planning, and construction industries; and wood-based renewable diesel and renewable naphtha for transport and petrochemical industry. It is also involved in the generation of electricity through hydro and nuclear power plants. In addition, the company offers self-adhesive label materials for branding and promotion, information, and functional labelling in the food, beverage, personal care, pharmaceutical, and logistics segments; and label papers, release base papers, office papers, and flexible packaging for labelling, packing, commercial siliconizing, and printing, as well as graphic papers for advertising, publishing, and home and office use. Further, it provides plywood and veneer products for construction, vehicle flooring, liquefied natural gas shipbuilding, and parquet manufacturing, as well as for other industrial applications; wood and wood-based biomass, and forestry services for forest investors and owners; wood-based lignin products for industrial use and cell hydrogels for 3D cell culturing; UPM ProFi decking products and UPM formi granules; and biomedical products. The company was founded in 1871 and is headquartered in Helsinki, Finland.

Corporate governance

UPM-Kymmene Oyj’s ISS governance QualityScore as of 1 October 2023 is 2. The pillar scores are Audit: 3; Board: 3; Shareholder rights: 1; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.