Reno de Medici

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Reno De Medici SpA

logo
legal form Corporation
ISIN IT0001178299
founding 1967
Seat Milan , ItalyItalyItaly 
management Ignazio Capuano
Number of employees 1.166
sales 438 million euros
Branch Paper industry
Website www.renodemedici.it
As of December 31, 2015

Reno De Medici SpA is an Italian corporation in the cardboard industry .

It produces, processes and sells cardboard products. The company was founded in 1967 as Cartiera del Reno with a production capacity of 8,000 tons of cardboard per year. In the years that followed, the company steadily expanded its capacities through investments and acquisitions. With the acquisition of Cartiera Binda de Medici in 1986 the name was changed to Reno de Medici SpA. By 1998, production increased to 950,000 tons and a European market share of 20% in cardboard products.

The company consists of subsidiaries in Italy , France , Spain and Germany . The company is listed on the Milan and Madrid stock exchanges . The company employs a total of 1500 people. The turnover in 2011 was 507 million euros.

Since 2008 the company has merged with the European locations of the Canadian company Cascades . De Medici was involved with 70% and Cascades with 30%. Cascades brought the recycling cardboard sites Arnsberg and Blendecques as well as the cutting center in Wednesbury into the merger, and the joint distribution company Careo was founded. As of June 2013, Cascades owns 57.6% of the common stock and remains the largest shareholder in Reno de Medici.

Germany

Arnsberg plant
Arnsberg, Neustadt with the RDM Arnsberg GmbH plant

The Arnsberg plant was brought in in 2008 through the merger with Cascades. Around 315 employees there produce 230,000 t of folding boxboard from waste paper every year. This makes it one of the largest commercial employers in this city.

The company is continuing a tradition that began in 1901 with the establishment of Ruhrwerke AG. This used the hydropower generated by a tunnel through a mountain between two Ruhr loops. The factory was originally built to produce carbide. But soon they switched to cardboard production. The first board machine was put into operation in 1903 and a second in 1906. In 1918 the factory was taken over by the Reisholz paper mill and in 1928 by Feldmühle AG . In 1955, a high-pressure coal power plant was built alongside the previous hydropower plant and a third board machine was put into operation in 1957. In 1989 the board machine 1 and the wood grinding shop were shut down. In 1990 the mill was owned by paper manufacturer Stora , in 1997 by Cascades and finally in 2008 by Reno De Medici .

The plant in Arnsberg has been operating under the name RDM Arnsberg GmbH since March 1, 2017.

Web links

Individual evidence

  1. Reno de Medici accepts resignation of CEO Ignazio Capuano , June 30, 2016
  2. a b Financial Statements 2015 ( Memento of the original from August 14, 2016 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. @1@ 2Template: Webachiv / IABot / www.renodemedici.it
  3. Reno De Medici: Annual Report 2011 ( Memento of the original from March 8, 2016 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. (PDF file; 4.75 MB) April 26, 2012, accessed January 23, 2013 @1@ 2Template: Webachiv / IABot / www.renodemedici.it
  4. a b c Company history ( Memento of the original from November 8, 2016 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. , Careo website, accessed January 27, 2013 @1@ 2Template: Webachiv / IABot / borntobeconverted.com
  5. ^ Website of the Italian Stock Exchange - Borsa Italiana SpA , accessed on January 27, 2013
  6. Information works ( Memento of the original from August 19, 2016 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. , Careo website, accessed August 19, 2016 @1@ 2Template: Webachiv / IABot / borntobeconverted.com
  7. Jürgen Funke: One hundred years ago: Hydropower on the Ruhr. In: Heimatblätter 15/1994 pp. 76–80
  8. briefly on the history of the Arnsberg plant: discoveries. Documents from company history collections in south-eastern Westphalia. Dortmund, 2001. p. 28.