Investment in the production of unbleached pulp

Developing the North American market for Heinzel Sales

Heinzel Sales, the sales network of Heinzel Group, is happy to announce the addition of Matthew Burke as Sales Director to its pulp and paper trading subsidiary North Rim in Vancouver, Canada. Matthew is responsible for developing global sales for North American pulp and paper producers on behalf of North Rim with immediate effect.

Strengthening Heinzel's Sales Network in North America. Heinzel Sales, the sales network of Heinzel Group, is pleased to announce the addition of Tomas Jonson as Executive Vice President to its sales and trading Business in North America.

Built with an investment volume of 130 million euros in a construction time of 17 months, the new PM3 can produce 100,000 metric tons of kraft paper per year.

- Sales revenues up 14% to EUR 2.1 billion - EBIT (EUR 195 million) and net income (EUR 145 million) more than doubled - Net debt further reduced despite investments of EUR 127 million and acquisitions

Less than a year ago, Koehler Paper Group announced the launch of a large-scale investment in Kehl, Germany, as the first step towards a new paper machine on which to produce papers for flexible packaging. heinzelsales will act as distribution partner for the marketing of the papers in France, Spain and Portugal.

Vienna, October 15, 2018. heinzelsales (Wilfried Heinzel AG), the sales network of HEINZEL GROUP, today announces that Paula Borges has joined the company in the position of Sales Manager Specialty Papers Latin America. Paula Borges will promote the sales of STARKRAFT bleached MG papers from HEINZEL GROUP’s new paper machine currently under construction in Austria.

This year we are celebrating our company’s 70th anniversary. Its history began in 1948 when it was founded by my granduncle Wilfried Heinzel in Austria.

We are proud to inform that we have started a sponsorship of the beekeepers Pannonische Imkergemeinschaft. Dozens of their beehives have been placed at our sister company‘s organic farm Domaine Albrechtsfeld in Austria.

Sales network of Heinzel Group establishes base for paper and board sales in Southeast Asia

Heinzel Group increased its sales revenues by roughly 3% compared with the previous year to EUR 1,816.5 million in 2017. All companies of the two business areas, Trading and Industrial, recorded increases in both sales revenues and earnings, which were significant in some cases - with the exception of Laakirchen Papier.

Europapier Group is the most important paper merchant in CEE and a pioneer in the region’s markets.

Mark Lunabba CEO Laakirchen Papier AG says goodbye after 17 years Thomas Welt to take over commencing 01. January 2018

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.