Frankfurt am Main, March 25, 2015 -- Most European paper and forest product companies will maintain or increase their capital expenditure (capex) in 2015 to meet their expansion plans, says Moody's Investors Service in a sector comment published today. These include Metsa Board Corporation (B1 positive), Mondi Plc (Baa2 stable), Sappi Limited (Ba3 stable), Smurfit Kappa Group Plc (Ba1 stable), Stora Enso Oyj (Ba2 stable) and UPM-Kymmene (Ba1 stable).

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