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Pölkky Oy bought UPM’s Kajaani Sawmill

01Aug

Our competitive position and raw material resources became stronger than ever

One of the principal shareholders of Kuusamo Log Houses – Pölkky Oy – has purchased UPM’s Kajaani Sawmill. Pölkky will continue the sawmill business at Kajaani, and all UPM’s employees of the Kajaani Sawmill will transfer to the employment of the new owner as long-standing employees.

- ‘Kajaani Sawmill is a perfect addition to our production concept, which is based on high-quality raw materials from Northern Finland, and it provides us a possibility of serving both our export as well as domestic customers better than ever,’ says Jouko Virranniemi Pölky’s CEO.

Since 1990 Pölkky Oy has invested over 70 million euros into mechanical wood processing and the acquisition of Kajaani Sawmill is a continuation of this development. 70 per cent of Pölkky Oy’s turnover of ca 100 million euros is earned from export to over 20 different countries.