JSC Volga posted an annual report for 2020

According to the results of the Company’s work in 2020, the EBITDA indicator under IFRS amounted to 1.5 billion rubles. Revenue from product sales – 9.4 billion rubles, net profit – 0.9 billion rubles.

In 2020 JSC Volga has increased the production volume to 276,099 tons of product. More than 126,000 tons of those is paper for corrugated packaging weighing from 42 to 100 grams per square meter. This is the company’s all-time record in production since 2015. In 2020, JSC Volga’s share in production volume among the Russian paper-manufacturing companies increased to 21%.