Arctic Paper plans to sell plant in Mochenwangen in H2

Paper producer Arctic Paper plans to sell the plant in Mochenwangen, Germany in the second half of 2018, CEO Per Skoglund. He confirmed that the company is holding negotiations with a potential buyer. Arctic Paper expects that the funds obtained from the sale will, first of all, cover the liabilitie...

Locked content Arctic Paper with Q2 loss

WSE-listed paper producer Arctic Paper had PLN 4.07 million net profit in Q2, down from PLN 5.39 million the year before. EBIT stood at PLN 45.45 million compared with PLN 37.59 last year, while EBITDA grew to PLN 66.77 million from PLN 64.56 million. Revenues increased to PLN 792.43 million from PL...

Locked content EBRD supports Poland’s Arctic Paper with €30 million loan

The European Bank for Reconstruction and Development has granted a €30 million loan to paper producer Arcitc Paper to finance investments for improvements in the company’s operational and energy efficiency as well as to expand future production capacity in Poland. The EBRD loan will be part of...

Locked content Arctic Paper with sales revenue over PLN 2.9 bln

Arctic Paper, Poland’s largest offset paper producer, recorded consolidated net profits of PLN 71 million in 2015, compared to PLN 98.3 million in 2014, the company informed. Sales revenue grew by 1.2 percent and reached PLN 2.9 billion. Operating profit amounted to PLN 100.2 million, whereas ...

Locked content Arctic Paper records net profits in 2014, versus loss in 2013

Arctic Paper, Poland’s largest offset paper producer recorded net profits of PLN 50.5 million in 2014, whereas it lost PLN 132.3 million in 2013, the company informed. Sales revenue reached over PLN 3 billion, slightly less than a year before. Poznań-based Arctic Paper has sales offices in 14 ...