July 16 (Reuters) - UPM-Kymmene UPM.HE has halted production at its newsprint mill in Grand-Couronne, France, cutting 228 jobs and lowering its annual newsprint production capacity by 240,000 tonnes, the Finnish forestry group said in a statement on Thursday.
UPM said the closure would mean around 30 million euros ($34 million) in annual savings but restructuring charges of 33 million euros in its April-June results.
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(Reporting by Tarmo Virki in Tallinn; editing by Jason Neely)
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