We deliver renewable and responsible solutions and innovate for a future beyond fossils across six business areas: UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Communication Papers and UPM Plywood. We employ around 19,000 people worldwide and our annual sales are approximately EUR 10.5 billion. Our shares are listed on Nasdaq Helsinki Ltd. UPM Biofore – Beyond fossils. www.upm.com

UPM has been trading with Russia from the end of the 19th century. Currently UPM exports paper and label materials to Russia, sources wood, recycled paper and tall oil and owns a plywood mill in Novgorod region. Trade operations and logistics are managed from offices located in Moscow and Saint-Petersburg.