Overview: Norske Skog is a Norwegian company and one of the world's largest suppliers of newsprint and magazine paper. It has been in operation for over 50 years and has positioned itself as a significant player in the paper industry.

Key Facts:

• Founded: 1962

• Headquarters: Oslo, Norway

• CEO: Geir Drangsland

• Market Cap: Approximately NOK 1.74 billion (as of February 2025)

• Employees: Around 2,300 globally

Business Units: Norske Skog operates several business units across Europe, focusing on publication paper, packaging paper, and energy & bio products. The company has four mills in Europe, with a combined capacity of:

• 760,000 tonnes of containerboard

• 840,000 tonnes of newsprint

• 200,000 tonnes of SC magazine paper

• 265,000 tonnes of LWC magazine paper

Recent Developments:

• Sale of Boyer Mill: Norske Skog recently sold its Boyer mill in Tasmania to Boyer Capital Pty Ltd for NOK 190 million. This marks Norske Skog's exit from the Australasian market and allows the company to focus on its European operations.

• Sustainability Initiatives: Norske Skog is committed to sustainability, with 95% of its fibers certified and 85% of its energy coming from green sources.

Products:

• Publication Paper: Newsprint and magazine paper

• Packaging Paper: Containerboard

• Energy & Bio Products: CEBINA, a green product developed at the Saugbrugs mill

Sustainability: Norske Skog is dedicated to sustainable practices, including the use of certified fibers and green energy sources. The company is also exploring options to reduce its carbon footprint, such as converting its boilers to electric power.

Contact Information:

• Address: Sjøvegen 108, 7620 Ekne, Norway

• Phone: +47 74 08 71 90

• Website: www.norskeskog.com