Brussels, 29/07/2008 (Agence Europe) - On Monday 28 July 2008, the European Commission cleared the planned creation by Finnish UPM-Kymmene Corporation (UPM) and B.R.I.S.T. Limited of Malta (BRIST), of a new 50-50 joint venture operation, which will produce sawn timber, oriented strand board and pulp in the Vologda region of Russia as of 2010 - 2012, which it will sell on the wholesale market. UPM is a global forest products group with core businesses in printing papers, speciality papers,...