Mar 01, 2006. /Lesprom Network/. UPM plans to initiate efforts to improve efficiency and space utilization at the group head office in Helsinki, Finland. The company is set to launch employee negotiations in various Helsinki-based functions. The planned headcount reduction of approximately 30 persons is anticipated by the end of the year. Currently, nearly 400 people work in various functions at Etelaesplanadi 2. In addition, UPM plans to sell its real estate holdings in Etelaesplanadi 2, Kiinteisto Oy Heikkilantie 8 in Lauttasaari, and Kiinteisto Oy Pientare on Snellmaninkatu. UPM will thereafter continue to occupy the Etelaesplanadi premises under a long-term lease. By the end of 2006, around 100 employees will transfer to more cost-efficient premises in the capital area. UPM’s Lauttasaari-based real estate unit will move to the same premises. Around 270 employees will continue working at Etelaesplanadi 2. Of the 200 people working at corporate functions, 185 will work at the Etelaesplanadi 2 premises. The rest of the people based at Etelaesplanadi work within the divisions and their support functions. Furthermore, UPM plans to start outsourcing all facility management services for Etelaesplanadi 2. The aim in outsourcing these services is to increase flexibility and save costs.