The main items for the Ostroleka project have been procured, and construction work is progressing as planned. The 285 million Euros container board machine investment project at Ostroleka is scheduled to be completed in the first quarter of 2013.“Our co-operation with EIB is good and we are delighted with EIB’s continuing support for our strategically important investments,” says Mats Nordlander, Executive Vice President, Packaging Business Area.”The investment at Ostroleka will strengthen our competitive position in corrugated packaging in the growing markets of Central and Eastern Europe, and is one more step in building sustainable and profitable growth for the Group,” Nordlander continues. ”The new containerboard machine with a modern product and greater capacity than the machine it replaces will not only renew our product offering, it will also improve our overall cost position.”The new EIB loan matures in 2023.