The 35 million Euros, 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 program aiming at strengthening 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 standardizing technology.

In addition to boosting productivity and energy efficiency, the

program will also yield significant environmental benefits, such as

lower energy consumption and CO2 and SO2 emissions, Metsä Tissue writes in a press release.