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Tag: Segezha Group

Segezha Group announces operating and financial results for FY 2021

1 April 2022 ` 14:07  
Segezha Group announces its consolidated audited IFRS financial results and operating results for the 12 months of 2021 (FY 2021). Revenue totalled RUB 92.4 billion, a 34% YoY increase, amid a recovery in global demand and higher average...

Segezha Group improves the environment by completely replacing precipitators at Segezha Pulp and Paper Mill

23 February 2022 ` 00:25  
Segezha Group launched the final stage of its long-term environmental programme to overhaul soda recovery boilers and replace electrostatic precipitators at Segezha Pulp and Paper Mill. The total project cost is approximately RUB 2 billion. The project has...

Segezha Group expanded its reforestation area by 20% in 2021

8 February 2022 ` 20:54  
Segezha Group restored 34,835 ha of forest lands. The reforestation projects have been approved by the governing authorities. Thus, between May and November 2021, Segezha Group restored forests in Krasnoyarsk Krai (15,800 ha), Karelia Republic (8,200 ha), Vologda...

Segezha Group is growing its assets in the Krasnoyarsk Region

1 February 2022 ` 21:07  
Segezha Group purchased Taiga LLC and Yeniseyskiye Polya in the Krasnoyarsk Region from Rockwell Capital via Segezha Sibir, its subsidiary, in order to build a pulp and paper mill in Lesosibirsk, as reported by RBC referencing a Segezha...

Segezha Group confirms the quality of its CLT panels by obtaining the Conformité Européenne (CE) certificate

10 January 2022 ` 19:55  
The Sokol CLT plant belonging to Segezha Group has successfully passed Conformité Européenne certification for its cross-laminated timber (CLT) panels. The CE certificate was obtained after a field audit performed by employees of HolzForschung Austria, the largest Austrian...

Sistema completes sale of minority stake in Segezha Group

30 December 2021 ` 21:26  
Sistema PJSFC announces the closing of the sale of 8.7% of the ordinary shares of PJSC Segezha Group to Bonum Capital Ltd for $150 million. Following the closing of the transaction, Sistema PJSFC stake in the share capital...

Segezha Group completes acquisition of Inter Forest Rus

24 December 2021 ` 18:42  
Segezha Group announces that it has completed the acquisition of LLC Inter Forest Rus from Bonum Capital Ltd. Inter Forest Rus, which comprises 24 forest industry assets and a substantial forest resource base in the Krasnoyarsk and Irkutsk...

Lesosibirsky LDK No.1 has completed procurement procedures for modernization equipment

15 December 2021 ` 12:46  
Lesosibirsky LDK No.1 JSC (Segezha Group) has concluded the entire scope of contracts for the supply of equipment to build new and modernize the existing production facilities at the mill. The cost of the equipment exceeds 3 billion...

Segezha Group announced a project of first multi-storey houses made of CLT panels in Russia

10 December 2021 ` 20:02  
Mikhail Shamolin, President of Segezha Group, announced at “Russian Forest” 26th International Forum and Exhibition that the Group was going to build a residential estate of two four-storey houses in Sokol, Vologda Region, for their employees’ families. The...