Metsä Group Press Release 11 April 2014 at 13.00 EET
Metsä Group’s subsidiary Metsä Fibre Oy has today sold a total of 170,000 series B shares in Pohjolan Voima Oy to Kymppivoima Oy for EUR 75 million. The said shares entitle their holder to buy electric power in the amount of approximately 200,000 MWh annually from Teollisuuden Voima Oy’s existing facilities.
METSÄ GROUP
Group Communications
For further information, please contact:
Hannu Anttila, Executive Vice President, Strategy, Metsä Group, tel. +358 10 465 5111
www.metsagroup.com
Metsä Group is a responsible forest industry group whose products’ main raw material is renewable and sustainably grown northern wood. Metsä Group focuses on tissue and cooking papers, consumer packaging paperboards, pulp, wood products, and wood supply and forest services. Its high-quality products combine renewable raw materials, customer-orientation, sustainable development and innovation. Metsä Group’s sales totalled EUR 4.9 billion in 2013, and it employs approximately 11,000 people. The Group operates in some 30 countries. Metsäliitto Cooperative is the parent company of Metsä Group and is owned by approximately 123,000 Finnish forest owners.