UPM

Finland · Consumer Goods & Clothing, Packaging

LeaveRussia detail: Exit Completed

Exited Russia

UPM-Kymmene Oyj is a Finnish woodworking company.

Status last verified 03/08/2026Source checked 28/02/2025Company website ↗LeaveRussia profile ↗

Decision trail

Decision date 27/02/2025 · Reference ↗

Initially temporarily suspended operations and sales in Russia. UPM has sold all its business operations in Russia to Gungnir Wooden Products Trading. In January 2023, it was reported that "UPM sold its assets in Russia to JSC "Astranaut Rus Holding Oyj", a structure that is part of the holding." (intragroup sale). 27.02.2025-28.02.2025: JSC CRAFTCAPITAL becomes the new founder of the organizations LLC "UPM-Kymmene" and LLC "UPM-Kymmene Chudovo". The entry about the founder GUNGNIR WOODEN PRODUCTS TRADING CO. L.L.C. has been removed from the Unified State Register of Legal Entities.

Local stats (LeaveRussia)

Assets(RF), mln.USD

Capital(RF), mln.USD

Glob.Revenue, mln.USD

11320

Revenue(RF), mln.USD

Staff(RF), 2021

1055

Taxes(RF), mln.USD

Status history since 2022

03/08/2026 — exited · Imported from KSE LeaveRussia

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