Operations at UPM Plywood mills in Finland resume on Friday following the end of a five-week strike by the Industrial Union. The strike halted production across all Finnish plywood facilities, affecting around 1,000 employees. The resolution comes as UPM Plywood and the Industrial Union sign a new employer-specific collective agreement, now in effect and valid through 2027, according to UPM.
The dispute centered on wage increases, which had delayed a resolution despite most other agreement terms being settled in August 2024. Although earlier proposals included specific figures, the final agreement’s pay terms have not been disclosed. UPM stated the deal secures employee purchasing power and supports the long-term success of its plywood operations. Production at the company’s Otepää mill in Estonia remained unaffected during the strike.
