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Austrian Companies: Mondi

 Mondi

Mondi is an integrated packaging and business paper producer, employing 35,000 people across 35 countries worldwide, with a strong emphasis on the emerging markets of Europe, Russia and South Africa.

Their vision is straightforward – to be a leading business with the highest ethical standards, that delivers exceptional value to their customers, their employees, their communities and their shareholders.

 

History:

The roots of the global business that is now Mondi were first planted in 1967 in South Africa, when our former owners Anglo American plc built the Merebank Mill. Following more than two decades’ growth and consolidation in South Africa, we came to Europe in the early 1990s to start a long period of expansion through acquisition.

We have bought businesses in countries including Austria, the UK, France, Russia, Slovakia, Poland, Hungary, Slovakia, Denmark, the Netherlands, Bulgaria and Italy, as well as operations in Mexico.

During this time, many major companies – often market leaders in their home nations – became part of Mondi. These included Austria’s Neusiedler AG and Frantschach AG, Cofinec in Poland, and Russia’s Syktyvkar Mill, which is central to our future expansion plans alongside emerging opportunities in Asia and the Americas.

We became an independent dual-listed business in mid-2007 when we successfully demerged from Anglo American with listings on the London and Johannesburg Stock Exchanges.

From January 2008, in place of the former Mondi Packaging and Mondi Business Paper business units, we now operate as two divisions: Europe & International and South Africa.

 

Key Events since 2007:

  • 2008 – Turkey – Europe & International Divsion

Completed purchase of majority stake in Tire Kutsan (corrugated packaging company)

  • 2007 – Mondi Group

Demerged from Anglo American plc and dual listed on LSE and JSE

  • 2007 – Russia – Mondi Group

Agreement to move ahead with €525 million project to modernise and expand Syktvkar

  • 2007- Poland – Mondi Group

Agreement to move ahead with the €350m containerboard & box plant project at the Świecie operation in Poland

  • 2007 – Europe – Mondi Group

Divestiture of five corrugated packaging plants

  • 2007 – Austria – Mondi Group

Acquisition of NAPIAG (flexibles)

  • 2007 – Europe – Mondi Group

Divestiture of 40 per cent stake in Bischof + Klein (flexibles)

  • 2007 – South Africa – Mondi Packaging South Africa

Acquisition of Lenco

  • 2007 – Poland – Mondi Group

Disposal of 5.34 per cent of Mondi Packaging Swiecie SA*

  • 2007 – Poland – Mondi Group

Acquisition of Ultrapack (corrugated packaging)

  • 2007 – Austria – Mondi Group

Completed purchase of 100% of Unterland Flexible Packaging (consumer flexibles)

 

Local:

Welcome to Mondi in Austria – the country where the company’s story first began in 1793, with the foundation of ‘a paper mill for special quality paper’.

Today, Austria is home to 13 Mondi sites.

Mondi Frantschach, a member of the Mondi Group, supplies paper and pulp to numerous packaging manufacturers and converters world wide. Consistent implementation of an innovative corporate policy and extensive investments during recent years have enabled the site to develop into one of the most modern sack kraft mills in the world.

 

Contact:

Phone: +43 4352 530-0

Mail: office@mondigroup.com

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