Tag: JSC “Volga”

Denis Kumirov, Deputy Director General for Raw Material Provision at JSC Volga: “If our contractors were thinking about further development before, these Key Rate and leasing rate make it virtually impossible to buy anything”
14 February 2025 ` 12:38
JSC Volga is one of the largest paper mills in Russia. This enterprise specializes in producing lightweight and ultra lightweight containerboard and printing paper. In 2024, the paper mill completed several investment projects that include: repurposing of Paper-Making... 
Russian Timber Journal 01-2025: Interview with Denis Kumirov, Deputy Director General for Raw Material Provision at JSC Volga; Sawn timber production in the global market is reducing for the third year in a row — WhatWood analysis article; Businesses asked to postpone the introduction of FGIS LK by three months; Sveza acquired new assets in the cardboard and paper industry; Kappa Rus purchased Okulovka Paper Mill; VLP Group will invest over 2 billion rubles in upgrading LDK No. 3; Production of plywood in Russia increased by 5.1% in 2024; SFT Group will invest 20 billion rubles in corrugated cardboard production in Adygea; Volga started up PMM6
13 February 2025 ` 16:29
Russian Timber Journal 01-2025: Denis Kumirov, Deputy Director General for Raw Material Provision at JSC Volga: “If our contractors were thinking about further development before, these Key Rate and leasing rate make it virtually impossible to buy anything”; Sawn... JSC Volga launched a waste paper line with the capacity of 500 t per day
28 November 2024 ` 19:30
Commissioning and startup operations are currently wrapping up at the new line producing MM-500 recycled pulp that serves as a raw material for the repurposed Paper-Making Machine 6, according to the press office of the Nizhny Novgorod mill.... 
Russian Timber Journal 08-2024: Interview with Alexey Lyapunov, Head of Export Sales to Africa at Sveza; Sawlogs preservation experience of timber harvesting companies — analytical paper; European Union postponed the Deforestation-Free Regulation (EUDR) by one year; European Union launches anti-dumping investigation into Chinese plywood imports; Plywood production in Russia increased by 4.6% in January – September 2024; Over 9 months of 2024, furniture production in the Northwestern Federal District increased by 23% in monetary terms; Russian pellets will start supplying to China; Segezha Group intends to raise up to 101 billion rubles during the planned additional share issue
25 November 2024 ` 11:41
Russian Timber Journal 08-2024: Alexey Lyapunov, Head of Export Sales to Africa at Sveza: “Timber companies need reliable payment channels to enter new markets successfully”; Sawlogs preservation experience of timber harvesting companies — this material was prepared by WhatWood analysts... 
JSC Volga is implementing an electronic system of patrolling process equipment
1 August 2024 ` 18:43
In April 2024, JSC Volga (Nizhny Novgorod Region) launched a pilot project on implementing an electronic system of patrolling process equipment and registering failures using mobile devices and NFC tags in the thermo-mechanical mass shop within the Reliability... 
Russian Timber Journal 03-2024: Interview with Evgeny Peshin, Head of Neoparma LLC; a shortage of high-quality raw material for plywood may emerge in the Russian market; Segezha Group published its financial and operational performance results for Q4 2023; International Paper acquires DS Smith for $7.2 billion; Russian timber harvest reached 188 million m³ in 2023; built-in furniture may be included in the mortgage amount; in 2024, Ilim Group is planning to increase its product shipments to China to 2.4 million t; in 2023, investment in the Russian timber industry dropped by 4.8%, down to 188.8 billion rubles
2 May 2024 ` 15:49
Russian Timber Journal 03-2024: Evgeny Peshin, Head of Neoparma LLC: “Our line is designed for small and medium companies, and this category of entrepreneurs has no access to investment funds”; a shortage of high-quality raw material for plywood may emerge... 
Russian Timber Journal 02-2023: interview with Yuri Strezhen, CEO at Praktika Group; state support measures for the Russian timber industry affected by the sanctions pressure; China reduced log imports from all the main suppliers in 2022; Vladimir Putin proposed to grant enterprises a deferment on forest area lease payments for unharvested timber; the Government of the Russian Federation increased the maximum amount of compensation for the expenses of timber enterprises for the transportation of their products; in 2022, Russia reduced the volume of logging by 13.5% to 194.6 million m³, according to Roslesinforg; Russian Railways resumed accepting sawn timber for export shipments through Kazakhstan; International Paper reaches agreement to sell ownership interest in Ilim joint venture; Segezha Group may reorient the Segezha West project to new products; the volume of furniture export from Russia dropped by 39% YoY in 2022, down to 29.5 billion rubles; Luzales and Slotex acquire Russian assets of IKEA
7 March 2023 ` 15:24
Russian Timber Journal 02-2023: Yuri Strezhen, CEO at Praktika Group: “This is a good time to improve the efficiency of both production and administrative processes of enterprises”; support measures mentioned by the business, relevant agencies, regions, the Government... 
Russian Timber Journal 06-2021: interview with Alexander Vysotskiy, Product Director at Data Driven; European Commission’s report on imposing a provisional anti-dumping duty on imports of birch plywood originating in Russia; as of January 1, 2022, quotas on exporting softwood pulpwood and logs will be cancelled in Russia; US lumber prices fell sharply; the Ministry of Industry and Trade considers pulp and paper mills construction in the Far East to be inefficient
20 July 2021 ` 22:38
Russian Timber Journal 06-2021: Alexander Vysotskiy, Product Director at Data Driven: “Lockdown created the necessary conditions for the digital business”; the European Commission approved for 6 months the introduction of preliminary anti-dumping duties on birch plywood from Russia; the... 
A planned production shutdown was carried out at JSC Volga
13 July 2021 ` 08:02
At the beginning of June 2021, JSC Volga has put a halt to production capacities in order to carry out annual preventive and planned repairs. This year, the terms of repairs were increased, due to the need to... 
JSC Volga posted an annual report for 2020
25 June 2021 ` 19:07
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... 
JSC Volga increases the share of railroad shipments
29 April 2021 ` 18:24
At the end of February 2021, JSC Volga started shipping finished products from the Nizhny Novgorod region to China by rail via the port of Vladivostok. The new option will reduce the cost of transportation and shorten the... 
Russian Timber Journal 03-2021: interview with Oleg Fokin, Commercial Director of Sudoma Sawmill; markets of South Korea and Japan: prospects for the development of wood pellet exports from Russia; U.S. softwood sawn timber prices unchanged from the previous week; timber exporters from Irkutsk are experiencing difficulties in shipping products to China; investments in the Russian forest industry decreased by 9.8% in 2020
8 April 2021 ` 17:03
Russian Timber Journal 03-2021: Oleg Fokin, Commercial Director of Sudoma Sawmill: “At the moment, Russia does not have enough own production facilities for processing low-grade timber in full”; WhatWood: Russian wood pellet exports outlook to the South Korea and...