M-real renews its management and organization
M-real operates through two business areas that are also the company’s reporting segments from first quarter of 2012 onwards. The business areas are Paperboard and Paper and Pulp.Paperboard business area includes the Kemi, Kyro, Simpele, Tako and Äänekoski board mills, Kyro wallpaper base machine and Joutseno BCTMP mill located in Finland as well as Gohrsmühle mill in Germany. Paper and Pulp business area includes Husum paper and pulp mill in Sweden, Alizay mill in France and Kaskinen BCTMP mill in Finland.As earlier announced, M-real is planning to close the entire Alizay mill and the unprofitable operations at Gohrsmühle mill. The plans are expected to materialize in early 2012 that would improve the company’s profitability materially.Pasi Piiparinen has been appointed Senior Vice President and Head of Paperboard business area and a member of M-real Corporate Management Team as of 20 March 2012. Piiparinen joins M-real from Stora Enso. As earlier announced, Mika Joukio, current Head of Paperboard business area has been appointed CEO of Metsä Tissue as of February 1. Mikko Helander, CEO, will be the acting Head of Paperboard business area from February 1 to March 20.