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Tag: Segezha Group

Segezha Group started shipping laminated beams and CLT from Sokol to China

18 January 2024 ` 23:27  
In December, Segezha Group made the first shipment of laminated beams and CLT to Chinese customers. The train with two containers of laminated beams (105 m³) and two containers of CLT panels (100 m³) has already arrived in...

Segezha Group announces financial and operating results for Q3/2023

6 December 2023 ` 16:43  
Segezha Group announces its unaudited consolidated financial results and operating results for Q3 2023. Revenue was up 13% QoQ to RUB 23.9 billion, driven by the increased sales volumes of the Group’s finished products. The weakening of the...

Segezha Group launched a new woodworking center

2 November 2023 ` 22:03  
Segezha Group continues to implement an investment project on increasing the capacity of Vyatsky Plywood Mill in Kirov, as reported by the company’s official Telegram channel. A new automatic woodworking center by Homag with numeric control for additional...

Mikhail Shamolin, President at Segezha Group: “The price levels we have now reached reflect the current global situation”

28 September 2023 ` 18:46  
At present, Segezha Group is the only Russian timber enterprise publicly traded in the stock market. On August 29, the Group submitted the Q2 2023 report and held a conference call with the management team to discuss its...

Segezha Group announces its unaudited consolidated financial and operating results for Q2 2023

31 August 2023 ` 17:47  
Revenue was up 13% QoQ to RUB 21.1 billion, driven by the increased sales volumes of the Group’s finished products. The weakening of the rouble against major foreign currencies also had a positive impact. OIBDA increased 2.7 times...

Segezha Group increased paper bags output at its plant near Moscow

23 August 2023 ` 11:41  
Segezha Packaging (Lobnya, Moscow Region) ramped up the production of consumer paper bags. In 2022, the enterprise produced 52.5 million pieces, while the 2021 output was 29.8 million pieces. In H1 2023, Segezha Packaging made 35.2 million pieces....