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UPM Offers Forest Ownership Contracts in Finland
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Helsinki, Finland, 11 February 2009 – UPM is offering a new solution for forest ownership as a way to secure a constant and competitive wood supply in Finland. The company is offering large forest entities for sale and will make a long-term wood sourcing and forest service contract with the buyers.

“The contract ensures that the forest property will generate a steady profit and guarantees that UPM will buy wood from the new forest owner. It’s an easy way to own and take care of one’s forest,” said Sixten Sunabacka, head of UPM Forest, North Europe. “UPM is also willing to take care of other forests owned by the buyers. Our forestry experts already manage hundreds of thousands of hectares of privately owned forests in Finland.”

The forest entities are located throughout the country, apart from areas where most of UPM’s forests are located. They represent only a small part of the nearly 1 million hectares of forest owned by UPM in Finland. The company is selling forest entities ranging from 1000 to 5000 hectares in size, totalling close to 30,000 hectares. The forest entities are sold based on tenders and they are for sale for a limited period only.

“Privately owned forest estates in Finland are fairly small in size. By offering large entities for sale UPM seeks to improve the structure of forest ownership in Finland and promote the profitability of forestry,” Sunabacka said.

More information about the forest estates for sale by UPM is available at  www.bonvesta.fi/viisassijoitus.

UPM Forest takes care of UPM’s own forests and wood sourcing for UPM’s Finnish factories. The company also has its own tree nursery. Most of the wood required by UPM’s factories is sourced from privately owned Finnish forests. Every year, UPM Forest buys wood from more than 30,000 Finnish forest owners and also offers them a wide range of services. The company’s forest service contract incorporates a vast array of tailored services, from wood sourcing to forestry and property management services. The company has forest service contracts with more than 13,000 customers. UPM Forest employs about 600 people in Finland and owns about 915,000 hectares of forest in Finland.

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