Tag: Alexey Mordashov

Alexey Mordashov handed over control of Sveza Group to its top managers

After the Russian billionaire Alexey Mordashov was included in western countries’ sanction lists, he decided to hand over his controlling interest in Sveza Group. The timber company previously owned by Severgroup LLC was transferred to the top management...

Alexey Mordashov declared that timber industry output plummeted by 80%

At St. Petersburg International Economic Forum (SPIEF 2022), Alexey Mordashov, owner of Severgroup that owns Sveza Group, reported a sharp decline of output in his timber business. “Our output volume has taken a nosedive both in the timber...

Sveza may open a production venue processing pulplogs in the Leningrad Region

This possibility was discussed by Alexander Drozdenko, Governor of the Leningrad Region, and Alexey Mordashov, Chairman of the Board of Directors at Sveza. Sveza is currently selecting the project and the Russian region where the new production venue...

Kommersant: Mordashov asked the President of state support in Sveza’s pulpmill project

As became known to Kommersant business paper, Alexey Mordashov has asked President Vladimir Putin to support the project of his Sveza Group on creation of a pulpmill in the Vologda region worth $2 billion. The plant should become...