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.