Tag: Kondopoga

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

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...

Pulpwood deficit in Karelia in 2013 amounted to 2.7 million m3

In 2013, the deficit of softwood for the pulp and paper industry of Karelia amounted to 2.7 million m3, and raw materials for the mills are imported from outside the region. Currently the annual allowable cut in Karelia...

Kondopoga newsprint mill is bankrupted, plans to launch second paper machine in mid-March

Petrozavodsk, March 13. Arbitrage court of Karelia regarded Kondopoga mill’s request on bankruptcy on March 06 and approved to introduce bankruptcy administration at the mill, with Andrei Yenkov appointed external mill manager. Liabilities of the mill exceed 13...

Bank Sankt-Peterburg to credit troubled Kondopoga pulpmill and suggests mill conversion

Petrozavodsk, February 05. Karelia governor Aleksandr Hudilainen announced that Bank Sankt-Peterburg was chosen as investor for troubled Kondopoga pulpmill. “We will be crediting the pulpmill, but we are not going to enter this business”, bank’s press service told...

Several Russian pulpmills announced falling sales in Jan-Sep 2012

Petrozavodsk-Perm-Chita, November 19. Last week, several pulp and paper mills in Russia published quarterly financial reports announcing falling sales in January-September 2012 year-on-year. Kondopoga mill (Karelia) sales declined 4.25% down to 10.07 billion Rubles (€249.7 million). This large...

WTO possibly to stop a line at Kondopoga

Newsprint maker Kondopoga mill (Republic of Karelia) will have to stop one of its paper-making machines after new rates will become active due to Russia’s accession to WTO, as head of Federal Forest Agency (Rosleskhoz) Viktor Maslyakov supposed at the agency...