The Burgo Group Board of Directors approved the new Industrial Action Plan “Burgo2020” for the period 2014-2018.
The Plan provides for investments for about € 250 million and significant programs and measures aimed at containing operational costs and matching the production capacity of the Group to the demand trend.
The Group will remain focused on diversification, which will be achieved by strengthening and developing the presence of its specialty papers on the market, thanks to Mosaico – the dedicated subsidiary of Burgo Group – for which a specific developing plan has been approved.
The measures and investments included in the Plan will enable the Group to consolidate its competitiveness in the European environment through a significant improvement of its industrial and financial performance and efficiency.
