UPM to start "From job to job" programme in Kajaani and Valkeakoski in Finland
"PM has today announced that it will close down Kajaani paper mill and Tervasaari pulp mill in Finland by the end of the year. In order to alleviate the impacts of redundancy UPM will start a
'From Job to Job' programme in both locations. The programme includes, in cooperation with authorities and partner companies, active measures to support finding a new job and retraining.
UPM will support re-employment training of employees who have been given notice. UPM has reserved EUR 1.5 million to support the participation and material costs for retraining at a rate of up to EUR 5,000 per person.
In addition, UPM will encourage affected personnel to create new businesses by offering start-up support. The company has booked EUR 1 million for this purpose. UPM's start-up support can be applied until the end of 2010. Maximum support for business is EUR 20,000.
In order to relieve the situation in Kajaani where the mill will be closed, UPM will extend the re-employment obligation for local employees from 9 months, obligated by law, to 15 months. UPM is committed to inform employees given notice about the company's vacancies to their home addresses and employment authorities at all the company's mill locations 9 months beyond the above mentioned time period."