News Overview

The Heinzel Group can again reflect upon a successful financial year in 2016 during which it was able to increase markedly both its production and trading volumes, and thus raise its consolidated sales revenues by 19.1 per cent to EUR 1,763.3 million.

The investment programme consists of two elements. Firstly, the Paper Machine 10 is to be converted to produce lightweight containerboard using wastepaper as fibre base. Secondly and simultaneously, the production capacity of the Paper Machine 11 producing SC paper for magazines, catalogues and commercial print will be extended considerably.

Heinzel Group was again able to achieve growth in 2015 with a rise in sales revenues of 5.3% to EUR 1,480.4 million.

Alfred Heinzel withdrawing from his current position as the Heinzel Holding CEO, and the current Management Board spokesperson of the group’s Zellstoff Pöls AG, Kurt Maier, assuming this function at the next AGM on 31 March 2016 will result in further personnel changes within the Heinzel Group.

Following the receipt of approval from the anti-trust authorities, at the end of 2015 the Heinzel Holding was able to finalise the takeover of the Mondi Raubling paper location agreed in October 2015.

In its meeting on 18 December 2015, the Supervisory Board of the Heinzel Group appointed Kurt Maier as new Chief Executive Officer of Heinzel Holding GmbH. Kurt Maier, currently spokesman of the Management Board of the group company Zellstoff Pöls AG, will assume his new role with effect from the next general meeting on 31 March 2016.

The Heinzel Group has drawn up ambitious acquisition and expansion plans for its plants in both Austria and Estonia. Investments totalling EUR 150 million are foreseen for the group’s three existing, industrial locations.

Laakirchen Papier AG has been awarded the EU Ecolabel for its newly developed SC papers GraphoMagIQ, GraphoLogIQ and GraphoMotion.

In 2014, the Heinzel Group once again demonstrated its inherent dynamism with an increase in sales revenues of 5.8 per cent to EUR 1,406.5 million.

Starkraft wins one of the world wide most important prizes within the paper industry