UPM and the Paperworkers’ Union have agreed on their first-ever business-specific collective labor agreements for five UPM businesses. The strike at UPM mills in Finland will end immediately and employees will return to work.

UPM will restart customer deliveries as soon as possible.

“We are very pleased that the parties have approved all settlement proposals and that the Paperworkers’ Union’s long strike ends. UPM and the union have made history together by agreeing on five business-specific collective labour agreements, which replace the paper industry´s old agreement stemming from the 1940’s. UPM’s long-standing goal has been to take collective bargaining to a level where the conditions of the work are best known, i.e. the individual businesses. The negotiations lead to agreements that benefit both the businesses and the employees and strengthen the premises for success well into the future,” says Riitta Savonlahti, executive vice president, human resources, UPM.

Meanwhile, the Agfa-Gevaert Group announced that it will acquire Inca Digital Printers, subject to meeting and obtaining customary conditions and approvals. The acquisition strengthens Agfa’s position in high speed digital printing and brings an additional focus on package printing markets.

“The Inca acquisition is a major step in Agfa’s transformation. Digital printing is a profitable growth engine for the Group with a tremendous potential that will be further accelerated by the addition of Inca,” says Pascal Juéry, president and CEO of the Agfa-Gevaert Group.

Here are the highest-trafficked news items for the week ending on April 22:


1. UPM and Paperworkers’ Union reach agreement, end strike
2. Agfa-Gevaert to acquire Inca Digital Printers
3. ITW ShineMark and WestRock partner to eliminate cold foil waste
4. RadTech announces 2022 Sustainability Award winners
5. Avery Dennison delves into latest sustainability trends