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Mondi
Mondi plc is a multinational packaging and paper group. The company is based in Weybridge, England. It has listings on the Johannesburg Stock Exchange and the London Stock Exchange as a constituent of the FTSE 100 Index.
Mondi has its roots in South Africa where, in 1967, the company's former owner, Anglo American plc, built the Merebank Mill in Durban.
In 2000, the company increased its holdings in Neusiedler AG and Frantschach AG, both Austrian businesses, to 100 per cent and 70 per cent respectively. Also in 2000, it acquired Cofinec, a Polish business. It increased its holding in the Syktyvkar Mill in the Komi Republic to 90% in 2002.
In 2004 Mondi further increased its holdings in Frantschach AG, one of its Austrian businesses, to 100 per cent and in Celuloza Świecie AG, another Polish business, to 71% (and then changed its name to Mondi Packaging Paper Świecie).
On 2 July 2007 the company demerged from its former parent company Anglo American plc, and became a dual-listed company, with Mondi Limited listed on the Johannesburg Stock Exchange and Mondi plc listed on the London Stock Exchange.
In 2011, Mondi demerged Mondi Packaging South Africa (listed as Mpact on Johannesburg Stock Exchange).
In 2012, Mondi acquired Nordenia to extend its consumer packaging business.
In May 2017, Peter Oswald was appointed as the new group chief executive. In the same year, the approval of the €335 million Štětí mill modernisation (Czech Republic) happened.
Mondi
Mondi plc is a multinational packaging and paper group. The company is based in Weybridge, England. It has listings on the Johannesburg Stock Exchange and the London Stock Exchange as a constituent of the FTSE 100 Index.
Mondi has its roots in South Africa where, in 1967, the company's former owner, Anglo American plc, built the Merebank Mill in Durban.
In 2000, the company increased its holdings in Neusiedler AG and Frantschach AG, both Austrian businesses, to 100 per cent and 70 per cent respectively. Also in 2000, it acquired Cofinec, a Polish business. It increased its holding in the Syktyvkar Mill in the Komi Republic to 90% in 2002.
In 2004 Mondi further increased its holdings in Frantschach AG, one of its Austrian businesses, to 100 per cent and in Celuloza Świecie AG, another Polish business, to 71% (and then changed its name to Mondi Packaging Paper Świecie).
On 2 July 2007 the company demerged from its former parent company Anglo American plc, and became a dual-listed company, with Mondi Limited listed on the Johannesburg Stock Exchange and Mondi plc listed on the London Stock Exchange.
In 2011, Mondi demerged Mondi Packaging South Africa (listed as Mpact on Johannesburg Stock Exchange).
In 2012, Mondi acquired Nordenia to extend its consumer packaging business.
In May 2017, Peter Oswald was appointed as the new group chief executive. In the same year, the approval of the €335 million Štětí mill modernisation (Czech Republic) happened.