Press release from the issuing company
Following the fire at Mondi’s Stambolijski mill (Bulgaria) on Tuesday 24 September 2024, the Group has announced that it will permanently close the mill.
The fire caused extensive damage to the 100,000 tonne per annum brown kraft paper machine and stopped production at the site. Thanks to the swift and professional response on the day, everyone on site remained safe.
After evaluating the options for repairing the mill and the ongoing investment required for the mill to remain competitive into the future, Mondi has concluded that closing the mill and serving customers out of its network of other kraft paper mills is the best course of action overall. This decision will unfortunately affect around 300 Mondi Stambolijski employees.
“We are aware that this is a challenging time for our employees and the community at Stambolijski. We are committed to providing full support and collaborating closely with the unions and works council to find the best possible solution for all affected employees,” says Roman Senecky, COO Kraft Paper, Mondi.
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