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International Prinzhorn Holding

Prinzhorn Group plans to set up second paper machine in Spremberg, Germany

Approval procedure for second machine was started.

Hamburger Rieger GmbH, part of the Austrian Prinzhorn Group, has applied for a new permission to set up a second paper machine at its Spremberg location in Germany. The already granted permission runs out in January 2017. The newly designed paper machine will have state-of-the-art technology, a width of 7,90m and an annual production capacity of 493.000 tons containerboard. The 370 Mio. Euro investment will create 200 new jobs. It is expected that the permission is granted in January 2017. This will mark an important milestone and allows the next project steps to be initiated. Hamburger Rieger GmbH, with its three German paper mills in Spremberg, Gelsenkirchen and Trostberg is part of the Hamburger Containerboard Division with a total of seven paper mills and 1,9 Mio tons of produced container board per year. The Prinzhorn Group Hamburger Containerboard Division is part of the Prinzhorn Group, which employs 6.000 people in 15 countries and ranks among the European market leaders in the recycling, paper and packaging industry. With an annual turnover of approximately 1,2 billion Euro, the group is number three in Europe in this segment. The family-owned Prinzhorn Group has its headquarters in Wiener Neudorf / Austria and is structured in three divisions: Hamburger Recycling Group (collection and trading of waste-paper), Hamburger Containerboard (production of containerboard) and Dunapack Packaging (corrugated packaging solutions).

For further information:
Robert Pachler
Director Marketing & Communications
Prinzhorn Holding GmbH
Phone: 0043 50118 0