Displaying items by tag: Norske

The announcement of Norske Skog's accounts for the first quarter of 2010 will take place on Thursday 6 May at 7.30 AM CET.

From this quarter onwards, a presentation and webcast will no longer be held at the company's head office at 1 PM. Instead, a press conference and presentation will be held in Oslo city centre at 8.30 AM, and an international telephone conference will be held at 1 PM. The President and CEO, Sven Ombudstvedt, and other members of the corporate management will participate in both of these events.

More information regarding this will be published on Norske Skog's website www.norskeskog.com.

The "Silent period" preceding the announcement will start on Friday 23 April. Further information regarding special items in the income statement is enclosed.

Oxenøen, 21 April 2010
Norske Skog
Investor relations

For further information:
Media: Vice president corporate affairs
Tom Bratlie
Mobile: +47 905 21 904

Financial market: Vice president investor relations
Jarle Langfjæran
Mobile: +47 909 78 434

Published in Financial News

Tom Bratlie, vice president in charge of corporate communications, has decided to leave Norske Skog. He takes on a similar position with the Norway-based oil and gas company DNO International.

- Tom Bratlie has done a very good job as head of communications and company spokesperson during a challenging period for Norske Skog. I regret his decision to leave but wish him all the best in his new position, says CEO Sven Ombudstvedt.

Bratlie leaves Norske Skog in June. The process to find a new head of communications has begun.

Bratlie joined Norske Skog in 2004 and has been head of corporate communications since 2006.

Oxenøen, 22 March 2010

Norske Skog
Corporate communications

Published in European News
Tagged under
Thursday, 18 March 2010 12:35

Reorganising European sales

Norske Skog is reorganising its European sales organisation. The main changes are a general simplification of the sales office structure, and an increased focus on front line sales.

In the new model, the European sales organisation will consist of six regional sales hubs. The presence of our front line sales force and technical sales support in all markets will be assured through an increased use of home office solutions. In addition, customer critical services provided by the transaction centre in Antwerp, will be transferred to the regional sales hubs.

"The European publication paper market is in rapid change and the need for continued strong local presence and high quality technical sales support is more important than ever. Through the reorganisation of European sales we achieve both a simplified and more cost efficient structure, and an even tighter follow-up on Norske Skog's strong commitment to our customers", says senior vice president Jan Clasen.

Published in Financial News

rri-3dRollResearch has received on 18 February an order from Norske Skog Saugbrugs in Halden Norway. The order is a part-delivery with intention to equip both grinding Machines MA1 and MA2 with one of RollResearch developed four-point measuring device and Hybrid GrindControl 3D slipsystem.

Round rollers roll better
The benefits of 3D grinding is that driveability is being improved, the paper quality smoother, as is longer. It means less vibration, better driveability and longer hours.

Rollresearch has earlier delivered corresponding system to Holmen Iggesund, Metso service Point Borlänge, Norske Skog Saugbrugs and Holmen Braviken.

RollResearch represented by Nipman Pappersteknologi in Skandinavia.

Published in European News

Standard & Poor's Rating Services has revised its long-term credit rating on Norske Skog to B, from earlier B+. The Negative Outlook is maintained.

Norske Skog does not have interest or covenants linked to the rating level on the existing debt.

See attached press release from S&P.

Published in Financial News
Tagged under