Mondi celebrates two key milestones in the art of paper-making this year: 50 years for Mondi Syktyvkar in Russia and 70 years for Mondi Štětí in the Czech Republic. Both paper mills have enjoyed significant investment over the past decade with a combined spend of over €1.4bn on completed and ongoing expansion and modernisation projects. This is a strong validation of Mondi’s commitment to ensuring these historic mills maintain their competitiveness and continue to contribute to their local communities for many years to come. As the biggest employer in both regions, Mondi knows that the social, economic and environmental health of local communities plays an important role in the Group’s success.
Around 4,700 people work at the Syktyvkar mill in the Komi Republic, where they produce a wide range of office and speciality papers, as well as containerboard.
Mondi Štětí is one of the largest paper mills in the Czech Republic, employing about 850 people. The recent €335 million modernisation project, commissioned at the end of 2018, cements Štětí’s position as one of the leading speciality and sack kraft paper mills in the world.
Peter Oswald, Mondi Group CEO commented, “I’m proud of our successful Syktyvkar and Štětí mills. Their world-class operational performance, commitment to minimising environmental impact, and their excellent teams continue to play an important role in Mondi’s growth story. The sustainability trend of paper replacing plastic continues to gather momentum and both mills are well positioned to benefit from the interesting value accretive growth options this will create for many years to come.”