Greece is European Union full member and the Paper Industry is still only partly privatised. Thrace Paper Mill S.A. - "Diana" - started operation in 1980 as a company under Investment Law 289/1976.

It is presently the biggest private company in Thrace (Northern Greece) and the biggest private papermaking company in Greece holding the 20% of the tissue products market.

The production plant is located in Maggana - Xanthi on a 1.000.000 m2 plot comprising industrial buildings totalling 31.000 m², offices and services building of 2.500 m², effluent treatment plant, garden area of 100.000 m², poplar trees forest of 500.000 m², are for services and future expansions.

Thrace Paper Mill S.A. - "Diana" produces annually 28.000 Tons of tissue paper 12-35 gr./m² with two paper machines, OVER MECCANICA construction, 254 cm width, 1000 m/min each. The raw material used is imported pulp and local waste paper (newspapers and magazines) that it is further processed in high tech equipment involving sophisticated know-how to produce clean refibers at 80° GE brightness. The major part of the paper produced is converted to Toilet Rolls, Kitchen Rolls, Towels, Napkins, Pocket Handkerchiefs, Facial Tissues, Wadding, Table Covers and special products.