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Tag: Segezha Group

Segezha Group will build a multi-storey building from CLT in the Irkutsk Region

12 July 2022 ` 16:41  
VEB.RF, together with Segezha Group, is implementing a project for the construction of a wooden multi-storey residential building in Baikalsk, Irkutsk Region, Interfax reports. The customer is VEB.RF, the design is carried out by Bazis LLC (part of...

Segezha Group announces its unaudited consolidated IFRS financial results and operating results for Q1 2022.

27 June 2022 ` 18:33  
Revenue was up 96% YoY to RUB 35.6 billion, driven by higher sales, higher average selling prices, a positive effect from ruble depreciation and also the effect of consolidation of the assets of Novoeniseisk Wood-Chemical Complex (NLHK) and...

Russian Timber Journal 05-2022: interview with Alexander Shangin, CEO, Vologodskiye Lesopromyshlenniki Group; roaring demand in 2021 caused a consumption/supply imbalance in the Russian MDF/HDF market; Rosleskhoz urges for reduced liability of forest users operating LesEGAIS; plywood production continues to decline in Russia; Valmet’s withdrawal from Russia is progressing; Rehau to withdraw business in Russia

Russian Timber Journal 05-2022: Alexander Shangin, CEO, Vologodskiye Lesopromyshlenniki Group: “Substantial assistance to systemically important federal-level enterprises is currently non-existent”; roaring demand in 2021 caused a consumption/supply imbalance in the Russian MDF/HDF market; Rosleskhoz urges for reduced liability of forest users...

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...