About UPM
UPM is a company based in Helsinki (Finland) founded in 1996. It operates as a B2B2C. The company has 15,830 employees as of December 31, 2024. UPM has completed 1 acquisition, including Myllykoski Corporation. UPM offers products and services including Packaging and Labeling Materials, Automotive and Transport Solutions, and Graphic Papers.
- Headquarter Helsinki, Finland
- Employees 15830 as on 31 Dec, 2024
- Stage Public
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Sectors
Agriculture
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Upm-Kymmene Oyj
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Annual Revenue
$11.35 B (USD)-6.65as on Dec 31, 2025
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Net Profit
$576.93 M (USD)12.61as on Dec 31, 2025
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EBITDA
$1.64 B (USD)39.26as on Dec 31, 2024
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Latest Funding Round
$6.06 M (USD), Grant
Dec 05, 2023
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Investors
European Union
& 2 more
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Employee Count
15830
as on Dec 31, 2024
- Investments & Acquisitions
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IPO & Listings of UPM
UPM is a publicly listed company on the OMXHEX with ticker symbol UPM in Finland, operating in the Process industries sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of UPM
UPM offers a comprehensive portfolio of products and services, including Packaging and Labeling Materials, Automotive and Transport Solutions, and Graphic Papers. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Materials for packaging and labeling are provided by UPM.
Solutions for automotive and transport are offered by UPM.
Graphic papers for printing are supplied by UPM company.
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Software Development Team
52 people
Product Management Team
51 people
Human Resources and Administration
42 people
Sales and Marketing
32 people
Leadership Team
29 people
Finance and Accounting
25 people
Manager Team
24 people
Senior Team
20 people
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Funding Insights of UPM
- Total Funding Total Funding
- Total Rounds 7
- Last Round Grant — $6.1M
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First Round
First Round
(01 Jan 2015)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2023 | Amount | Grant - UPM | Valuation |
investors |
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| May, 2021 | Amount | Grant - UPM | Valuation |
investors |
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| Sep, 2020 | Amount | Grant - UPM | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in UPM
UPM has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include European Union, Austria Wirtschaftsservice and BAFA. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Banking regulatory services are provided for Austrian financial institutions.
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location | |
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Business and energy news is delivered via an online platform.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by UPM
UPM has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Myllykoski Corporation. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Paper manufacturing operations conducted in Finland since 1892.
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1892 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - UPM
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Upm Comparisons
Competitors of UPM
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Upm
Frequently Asked Questions about UPM
When was UPM founded?
UPM was founded in 1996 and raised its 1st funding round 19 years after it was founded.
Where is UPM located?
UPM is headquartered in Helsinki, Finland.
Who is the current CEO of UPM?
Massimo Reynaudo is the current CEO of UPM.
How many employees does UPM have?
As of Dec 31, 2024, the latest employee count at UPM is 15,830.
What is the annual revenue of UPM?
Annual revenue of UPM is $11.35B as on Dec 31, 2025.
What does UPM do?
UPM is established as a material solutions company dedicated to the sustainable transformation of society through innovative material solutions. Renewable feedstocks are utilized to create a diverse portfolio that includes decarbonization solutions, advanced materials, renewable fibers, and communication papers. Collaboration with industries and brands worldwide is maintained to address global challenges such as resource scarcity and climate change. Sectors like packaging, labeling, automotive, transport, and construction are served with high-performance materials and solutions.
What products or services does UPM offer?
UPM offers Packaging and Labeling Materials, Automotive and Transport Solutions, and Graphic Papers.
Is UPM publicly traded?
Yes, UPM is publicly traded on OMXHEX under the ticker symbol UPM.
How many acquisitions has UPM made?
UPM has made 1 acquisition, including Myllykoski Corporation.
Who are UPM's investors?
UPM has 3 investors. Key investors include European Union, Austria Wirtschaftsservice, and BAFA.
What is UPM's ticker symbol?
The ticker symbol of UPM is UPM on OMXHEX.