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UPM-Kymmene to cut costs at Caledonian

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Published in issue 48/1998
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UPM-Kymmene group of Finland announced that it would create a single management board with responsibilities for both of its British subsidiaries Caledonian Paper plc and Shotton Paper Company plc. The company said that Caledonian Paper failed to reach minimum divisional earnings targets. As part of the restructuring ...

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