M-real’s first and fundamental principle of economic responsibility is long-term profitability, which is a prerequisite for all of the other principles and a necessary precondition for the continuous development of our operations to benefit our owners, customers, partners, employees and other stakeholders.
Investments in the company (gross capital expenditure), which are essential to achieve and enhance long-term profitability, amounted to EUR 66 million in 2010.
In the same year, we purchased raw materials, consumables and external services from suppliers for EUR 2,0 million. Raw materials include wood, chemical pulp, recovered paper, pigments, binders and purchased fuels and electricity. We sold our products and services for our global clientele including publishers, paper merchants and consumer brand manufacturers for EUR 2.6 billion.
Social security contributions were around EUR 103 million. Wages and salaries paid to the company's employees amounted to EUR 209 million with an additional EUR 24 million for pension contributions.
