DGAP-News: Metsa Tissue's Polish investment programme hits full speed

(firmenpresse) - Metsa Tissue Corporation

06.09.2011 13:30
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Espoo, Finland, 2011-09-06 13:30 CEST (GLOBE NEWSWIRE) --
The construction phase of Metsa Tissue's three-year Polish investment programme
has taken a major step forward with work initiated this week on the converting
and warehousing hall of the company's Krapkowice mill site. The paper machine
has been under construction since June.

The programme, announced in April this year, includes a sizeable increase in
paper making and converting capacity as well as brand new rental converting and
warehousing buildings at the company's Krapkowice mill. The investment is
designed to further improve delivery service, flexibility and overall supply
reliability.

Preparations have proceeded smoothly and on schedule. 'The project for the
converting and warehousing building will be carried out in partnership with the
Goodman integrated global property group, specialists in developing and
managing industrial properties such as warehouses,' says Juhana Kalpio, SVP
Supply Chain.The building project will also involve a number of local and
regional companies, thereby benefiting the local community.

'It is rewarding to have proceeded from the drawing board to the construction
phase and to see the very first elements of the buildings going up,' says
Mariusz Jedrzejewski, VP Regional Operations. 'Already at this stage I would
like to thank both the authorities and other companies involved for being very
supportive and cooperative during the process,' Jedrzejewski adds.

For more information, please contact;

Juhana Kalpio, SVP, Supply Chain
Tel.: +358 10 469 4184
Mobile phone: +358 40 527 8182
E-mail: juhana.kalpio@metsatissue.com

Mariusz Jedrzejewski, VP Regional Operations
Tel.: +48 22 754 81 90/ 8190


Mobile phone: +48 601 343 205
E-mail: Mariusz.jedrzejewski@metsatissue.com

Metsa 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 paper products. Our main brands are Lambi, Serla, Mola,
Tento, Katrin, Fasana and SAGA. We have production units based in Finland,
Germany, Poland, Russia, Slovakia and Sweden. We have some 3,200 employees and
our turnover for 2010 was some EUR 940 million. Metsa Tissue is part of the
Metsaliitto Group.
News Source: NASDAQ OMX



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Language: English
Company: Metsa Tissue Corporation


Finland
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End of Announcement DGAP News-Service

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Bereitgestellt von Benutzer: EquityStory
Datum: 06.09.2011 - 13:30 Uhr
Sprache: Deutsch
News-ID 474785
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