The invention concerns a reeling device, comprising a reel drum (31) supported on reeling rails (13) or equivalent, around which reel drum the paper web or equivalent is reeled into a reel (12) or equivalent through a reeling nip between the reeling device and the reel (12). The reeling device in the reeling machine consists of at least one set of belt rolls (20) that extends in the cross direction substantially across the web width. The invention also concerns a method in reeling and unwinding of a paper web or equivalent, in which method the paper web or equivalent is reeled around a reel drum (31) supported on reeling rails (13) or equivalent into a reel (12) or unwound from the reel by means of a reeling nip (N). In the method, the paper web or equivalent is reeled through a reeling nip (N) formed between at least one set of belt rolls (20) extending in the cross direction substantially across the web width and the reel (12...12D) that is being formed/unwound.
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