Tag Archives: Michał Jarczyński

Arctic Paper expects lower Q2 result

Arctic Paper S.A. expects an EBITDA result for the Q2 2023 in the range of PLN 60-70 million ($14.7- 17.2 million), which is lower than current market estimates. The lower result is due to a significantly lower revenue of PLN 836 million ($205 million); this in turn is due to the general economic slowdown and […]

Arctic Paper chose Tietoevry to harmonize their processes and speed up digitalization

Arctic Paper S.A., one of the leading European producers of high-quality graphical paper, has selected Tietoevry to modernize their key business processes and harmonize their operations. The contract covers providing TIPS Industry Solutions and Services for Arctic Paper’s sales offices plus two mills in Sweden and one in Poland. TIPS combines standard Enterprise Resource Planning […]

Arctic Paper CFO, Göran Eklund, to Retire, Katarzyna Wojtkowiak Named Successor

Arctic Paper announced that the group’s CFO, Göran Eklund, will retire at the end of June and will be replaced, with effect as of May 29, by Katarzyna Wojtkowiak, who is currently Chief Accountant. Wojtkowiak has been Chief Accountant and Group Treasury at Arctic Paper for over 11 years. Prior to this, she has worked […]

Arctic Paper and Rottneros will invest in a fiber tray factory

The boards of Arctic Paper and Rottneros have decided to invest 15 million euro in a moulded fiber tray factory at Arctic Papers premises in Kostrzyn, Poland. The factory will be operated in a separate legal entity and as a 50/50 joint venture, in line with the LOI that was signed by the parties on […]

Rottneros and Arctic Paper to build fiber tray factory in Poland

Rottneros and Arctic Paper have signed a Letter of Intent regarding a 50/50 joint venture in Kostrzyn, Poland with the aim of building a moulded fiber tray factory. The start-up of the new factory is planned for the end of 2023. The investment is expected to amount to 12-15 MEUR, corresponding to approximately 120-150 MSEK. […]

Arctic Paper puts the expanded hydropower plant into operation

Arctic Paper is commissioning the expanded hydropower plant at the mill in Munkedal. The investment of just over SEK 100 million increases the power from 2 to 6 MW, which in combination with the planned solid fuel boiler is sufficient to meet up to 80 percent of Arctic Paper Munkedal’s energy needs with its own sustainable […]

Arctic Paper to Develop High Barrier Biodegradable Paper with Co-Financing of NCBIR

Arctic Paper Kostrzyn S.A., a subsidiary of the Arctic Paper S.A., has signed a contract with Poland’s National Centre for Research and Development (NCBiR) for co-financing of the project “Development and implementation of technology for production of high-barrier biodegradable packaging paper” as part of the Smart Growth Operational Programme 2014-2020. The total net value of […]

Arctic Paper to develop high barrier biodegradable paper

Arctic Paper

Arctic Paper Kostrzyn S.A., a subsidiary of the Arctic Paper S.A., has signed a contract with Poland’s National Centre for Research and Development (NCBiR) for co-financing of the project “Development and implementation of technology for production of high-barrier biodegradable packaging paper” as part of the Smart Growth Operational Programme 2014–2020. The total net value of […]