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WhatWood Forest legislation Ministry of Economic Development updated the list of systemic enterprises of Russia

Ministry of Economic Development updated the list of systemic enterprises of Russia

14 April 2020 ` 13:00  

The final list comprises 646 companies. Among timber companies, there are:

  • Ilim Group
  • Mondi Syktyvkar LPK
  • Gotek
  • Segezha Group
  • Arkhangelsk Pulp and Paper Mill
  • Dallesprom
  • Kondopoga
  • Sveza

These companies will be eligible to apply for state aid; enlistment will also presumably mean a moratorium on bankruptcy in the next half a year.

The Ministry of Industry and Trade and the Ministry of Energy will prepare monitoring reports on the specified organizations, and the Ministry of Economic Development will form consolidated reports and send them to the Government for eventual decisions on necessary supporting measures.

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