EMCC European Monitoring Centre on Change

UPM

Company/Organisation:
UPM

Geographic Location

Country: Germany
Region: Waldshut; Freiburg; Baden-Württemberg
Location of affected unit(s): Albbruck

Company

Sector: Manufacturing
Manufacture of wood and paper products, and printing
17.1 - Manufacture of pulp, paper and paperboard
Number Employed: 560

Employment Effects

Announcement Date: 29-11-2011
Planned Job Reductions min: 560
Planned Job Reductions max: 560
Type of Restructuring: Closure
Employment Effect Start: 29-11-2011
Foreseen End Date: 31-12-2011

Additional Information

Paper manufacturer UPM has announced to close down its site in Albbruck affecting 560 jobs. UPM had broken its restructuring plans to the public in August. Since then efforts were made to find an investor, but this did not have success.

The social plan will be negotiated in the next weeks. Already at the end of August 2011 the daily Badische Zeitung stated that the union IG BCE will want to fight the closure.

The restructuring is part of a wider restructuring plan of UPM's European activities, with announced cuts in Finland and France.