Yhtyneet Paperitehtaat Oy was a Finnish forest industry company which was created in 1920 and the paper company formed
UPM-Kymmene PLC together with
Kymmene in 1996.
History
United Paper Mills Ltd. was created in summer 1920 when Ab Simpele Jämsänkoski Oy and Myllykoski Träsliperi Ab merged. Later Ab Walkiakoski Oy that is located in
Valkeakoski
Valkeakoski (; lit. "white rapids") is a town and municipality in Finland. It is located south of Tampere, north of Hämeenlinna and north of Helsinki in the Pirkanmaa region. The municipality has a population of
() and covers an area of of
wh ...
was merged with the company. In the management of all the companies the large owner was general Rudolf Walden. General Walden's objective was to form as big as possible and competitive unit of Finland's scattered forest industry. The same objective was striven for by founding Finland's Paperitehdass association (1918–1996) Finnpap and cardboard association Finnboard.
Myllykoski Oy separated from United Paper Mills Ltd. Oy 1952.
In the 1950s the paper mill of Kaipola was built. The ones which had united extended strongly and drifted into financing difficulties at the end of the 1960s. In 1970 and the 1980s the company aimed abroad and invests on the EEC market and Stracelin to the factories, Shotton. In 1989 UPM merged Kajaani Oy with himself.
The company met the recession of the 1990s in Finland in good profit performance. With the management of
Kansallis-Osake-Pankki
Kansallis-Osake-Pankki (KOP) was a Finnish commercial bank operating from 1889 to 1995. It was created by the fennoman movement as a Finnish language alternative to the largely Swedish language bank, Suomen Yhdyspankki (''Swedish: Föreningsbank ...
the company was merged with
Rauma-Repola
Metso Oyj was a Finnish industrial machinery company focusing on providing technology and services for mining, aggregates, and oil and gas, recycling, pulp and paper and other process industries.
On 30 June 2020, Metso's partial demerger and ...
.
Repola Oy
Repola Oy was a Finnish industrial conglomerate, between 1990 and 1995, in the engineering and forest industries.
The company was formed by a merger between Yhtyneet Paperitehtaat ('United Paper Mills') and Rauma-Repola. Tauno Matomäki, the fo ...
which became the biggest industrial enterprise in Finland was formed.
UPM UPM may refer to:
* Ultra-pure metal
* UPM (company), UPM-Kymmene Oyj, a pulp and paper company
* Union pour la méditerrannée, Mediterranean Community
* Union for a Popular Movement, opposition party of France
* Unit production manager, someone ...
formed the wood industry of the conglomerate when
Rauma Oy
Rauma may refer to:
Places
* Rauma, Finland, a town and municipality in the Satakunta region of western Finland
* Rauma, Norway, a municipality in Møre og Romsdal county, Norway
* Rauma (river), a river in the Romsdalen valley in Møre og Romsdal ...
formed the metal industry. In 1996 Yhtyneet Paperitehtaat Oy as part of Repola conglomerate was merged with , the result was one of the largest wood industry companies in the world, UPM-Kymmene Oy. Finnpap also was merged as part of a new company.
Management of Yhtyneet Paperitehtaat 1920-1995
* General
Rudolf Walden
Karl Rudolf Walden (1 December 1878 in Helsinki – 25 October 1946) was a Finnish industrialist and a military leader.
Education
Walden received his military education at the Hamina Cadet School and graduated in 1900. He was dismissed from serv ...
, founder, head owner and chairman of the government 1920–1944
* mining counsellor
Juuso Walden
Juuso Walfrid Walden (5 April 1907 – 19 November 1972) was a Finnish industrial leader and entrepreneur, long term CEO of Yhtyneet Paperitehtaat, the predecessor of United Paper Mills.
Early life and upbringing
Juuso Walden was born in St. P ...
managing director 1940–1969
* dipl INS.
Niilo Hakkarainen, managing director 1970–1991
* dipl INS.
Olli Parola, managing director 1990–1995
Managers of
UPM-Kymmene
UPM-Kymmene Oyj is a Finnish forest industry company. UPM-Kymmene was formed by the merger of Kymmene Corporation with Repola Oy and its subsidiary United Paper Mills Ltd in 1996.
UPM consists of six business areas: UPM Fibres, UPM Energy, UPM Ra ...
* Master of Science in Economics and Business Administration, mining counsellor Juha Niemelä 1995–2004
* dipl INS. Jussi Pesonen 2004
References
{{Reflist
Pulp and paper companies of Finland