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July 4,2017 --On 1 September 2017, Riia Sillave is to hand over her position as the Heinzel Holding GmbH CFO to Barbara Potisk-Eibensteiner, who until now was the CFO of RHI.Ms Sillave has been active in an operative capacity for the Heinzel Group for a total of 13 years. Initially, she served as the CFO of the Estonian Cell pulp plant, where she played a major role in the company’s build-up. Then in 2012, the native Estonian became the Heinzel Holding CFO. Following her departure from group management, Ms Sillave will join the executive board of the EMACS Private Trust and in this function be elected to the Heinzel Holding’s Supervisory Board.

Ms Sillave: “The planned three years in Vienna have become five, during which I was able to accompany important steps leading to Heinzel Group growth. However, now my family and I feel the need to return to our Estonian homeland.”

Alfred Heinzel, the president of the Heinzel Holding GmbH Supervisory Board: “Over the years, Riia Sillave has made a decisive contribution to the expansion of the Heinzel Group. For this, I owe her my heartfelt gratitude and I am delighted that she will retain her ties with the group. In Barbara Potisk-Eibensteiner we have been able to attract a qualified successor, who brings with her comprehensive experience from a listed company. I look forward to working with her.”

Having obtained a degree in business management, Barbara Potisk-Eibensteiner served as an investment banker at Creditanstalt AG before heading the Böhler-Uddeholm Group Treasury for twelve years. In 2007, Ms Potisk-Eibensteiner moved to RHI, where in 2012 she was appointed to the executive board as the company CFO.
THE HEINZEL GROUP

With its industrial locations Zellstoff Pöls AG (Austria), Laakirchen Papier AG (Austria), Raubling Papier GmbH (Germany) and AS Estonian Cell (Estonia), Heinzel Group, which is united under the Heinzel Holding umbrella, ranks among the largest producers of market pulp and magazine paper in Central and Eastern Europe. Since the beginning of 2016, containerboard has also belonged to the group’s range.

The group’s Trading Business Area includes Wilfried Heinzel AG, a globally active pulp, paper and board trading company, and Europapier International AG, the leading paper merchant in Central and Eastern Europe. In addition, Bunzl & Biach GmbH is the largest and most important waste paper company in Austria and the leading wholesaler in Central and Eastern Europe. The Heinzel Group’s successful growth is based on the fulfilment of the highest customer demands with regard to quality and efficiency.
For enquiries please contact:

Alfred Heinzel
Telephone +43-1-260 11-401
office@heinzel.com

Heinzel Holding GmbH
Wagramer Strasse 28–30
1223 Vienna
Austria

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