Stek advises Reparenco / Parenco / H2 in finance investment in paper machine 2

Stek has advised Reparenco and Reparco and their shareholder H2 Equity Parters in the financing of the investment in the conversion of the paper machine 2 (PM2). This machine was idled in 2009 by its then owner due to the declining demand of newsprint paper. After the conversion, PM2 will produce about 385,000 tons of packaging paper from mid-2016, intended for the production of corrugated board. Click here for the press release.