Current production capacity of the plant is 150,000 tons/year of newsprint.
The decision is due to the unsustainable impact of energy costs in Italy. Additional causes are European newsprint market overcapacity and raw materials costs.
Burgo Group will evaluate developments of the competitive scenario before taking any decision about the industrial future of the plant.
188 employees are affected by the closure.
Since the closure of Cartiera Verde Romanello mill in February last year, Mantua has been the only facility producing newsprint in Italy, according to EUWID.