Business News

UPM RAFLATAC RFID BUSINESS AREA HAS CONCLUDED THE EMPLOYEE NEGOTIATIONS

Monday 29. June 2009 - UPM Raflatac RFID Business Area has concluded the employee negotiations, started in May.

As communicated earlier, UPM Raflatac will turn the Jyväskylä facility in Finland into a development centre equipped with special resources for global product and process development as well as for piloting new products. The actions are estimated to be completed by the end of March 2010.

As a result of the decisions the production of RFID tags and inlays will be transferred from Jyväskylä to Guangzhou, China, and to Fletcher, North Carolina in the USA. The number of employees will increase in Guangzhou and decrease in other locations. The total number of employees of the RFID business will be reduced by around 25 persons.