The creation of Europe’s largest forestry products company received the green light from the Commission this week

Series Title
Series Details 02/11/95, Volume 1, Number 07
Publication Date 02/11/1995
Content Type

Date: 02/11/1995

From May next year, Finnish pulp and paper giant UPM-Kymmene will be created from Repola and Kymmene, with annual sales of 9.7 billion ecu and 45,000 staff. To win clearance, the companies agreed to sell some of their paper sack interests in Finland and pledged not to sell paper products through their joint sales agency within a given date.

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