Rottneros to relocate its head office to its market pulp mill in Vallvik, Sweden, with process to begin immediately; move is in line with company's strategy to be 'closer to our operations,' says CEO
November 6, 2013
– Rottneros Group relocates its head office from Stockholm to Vallvik Mill, one of the group's two pulp mills.
"In our latest interim report we advised of the change process recently initiated within the Group. I consider that it is vital for Group management to be closer to our operations and consequently feel that our decision to relocate our head office to Vallvik Mill as part of this change process represents a logical step", explains Carl-Johan Jonsson (President and CEO). The moving process will commence immediately.
Rottneros is an independent producer of market pulp. The Group comprises the parent company Rottneros AB, listed on NASDAQ OMX Stockholm, and its subsidiaries Rottneros Bruk AB and Vallviks Bruk AB with operations involving the production and sale of market pulp. The Group also includes the wood procurement company Rottneros Baltic SIA in Latvia. The Group has around 300 employees and had a turnover of approximately SEK 1.5 billion in the 2012 financial year.