Metsä Group’s tissue and cooking paper business signs EUR 35 million credit deal with EBRD

Metsä Group Press Release 29 August 2012


Metsä Tissue Oyj, part of Metsä Group and a leading European tissue and cooking paper products supplier, has signed a credit agreement with the European Bank for Reconstruction and Development (EBRD). The EUR 35 million, 8.5-year loan will finance further operational improvements in Poland and Russia.

The ongoing investments at the company’s Krapkowice mill in Poland are part of Metsä Tissue’s development programme aiming to strengthen the company’s market position in Continental Europe, improve its production capacity and enhance its brand and service offering. Productivity will additionally be improved by consolidating Polish tissue base paper production at one mill and by further standardising technology.

In addition to boosting productivity and energy efficiency, the programme will also yield significant environmental benefits such as lower energy consumption and CO2 and SO2 emissions.


METSÄ GROUP
Group Communications

For further information, please contact: 
Markus Holm, CFO, Metsä Tissue, tel. +358 10 465 4580


www.metsagroup.com

Metsä Group is a responsible forest industry group. Our products are part of people’s everyday life, promoting sustainable well-being. Metsä Group produces high-quality products mainly from renewable Nordic wood. The Group’s business areas are tissue and cooking papers, board and paper, pulp, wood products as well as wood supply. Metsä Group’s sales totalled EUR 5.3 billion in 2011, and it employs approximately 12,500 people. The Group operates in some 30 countries.


www.metsatissue.com

With its high-quality tissue and cooking papers, Metsä Tissue makes life more comfortable for consumers, customers and end-users every day. Metsä Tissue is a leading tissue paper products supplier to households and industrial consumers in Europe. We are also the world’s leading supplier of baking and cooking papers. Our main brands are Lambi, Serla, Mola, Tento, Katrin and SAGA. With production units in six countries, we employ a total of about 3,300 people. Our turnover in 2011 was EUR 970 million.  Metsä Tissue is part of Metsä Group.