Michael Broda, Chairman of Delta Capital Stock Company, Prague (Czech Republic) is pleased to announce that SPM Security Paper Mill,
part of Delta Capital, Inc. investment group, has signed an agreement with Ciotola s.r.l, Padua, (Italy), establishing a joint venture,
operating the Security Paper Mill in Steti (Czech Republic).
The company will be managed by CEO Dr. Alfonso Ciotola, a paper industry professional who has held top management positions in the International Speciality & Security Paper Industry over the past 40 years.