4 Quotes by Teemu Salonen

Finally, a company is taking action to remove excess capacity UPM takes the charge but the whole sector benefits.

Finally, a company is taking action to remove excess capacity ... UPM takes the charge but the whole sector benefits.

Cutting costs, this is what the companies have to adapt to in the future. They have to be able to cut costs because paper prices can't be raised so much that results could be improved purely through that.

In terms of prices, the best situation is for newsprint. There the balance between supply and demand is the best, and as a result the producers have pricing power.