Tag: Segezha Group

Segezha Group raises ₽113 billion through additional share issue to reduce debt load

Segezha Group has successfully completed an additional share offering, raising ₽113 billion in equity capital, according to the company’s press service. The largest participants in the placement were its majority shareholder, Sistema PJSFC, along with the Group’s key...

Russian Timber Journal 05-2025: Interview with Henric Endoff, CEO of AGENDA Business Development AB; OSB price trends in Russia: a five-year market overview in 2019–2024; Plywood production in Russia reaches highest level since February 2022; In 2024, members of the AMDPR received preferential loans from the Industrial Development Fund totaling over RUB 2 billion; Arkhbum Tissue Group launches second phase of hygiene products plant; SFT Group launches new Kartontara-2 plant in Adygea; Segezha Group raises RUB 113 billion through additional share issue to reduce debt load; Cesar-Invest has officially rebranded as Taiga Group

Russian Timber Journal 05-2025: Interview with Henric Endoff, CEO of AGENDA Business Development AB; OSB price trends in Russia: a five-year market overview in 2019–2024; Plywood production in Russia reaches highest level since February 2022; In 2024, members of the Association of...

Segezha Group shared its IFRS financial performance in 2024

In 2024, Segezha Group’s consolidated revenue grew by 15% YoY, up to 101.9 billion rubles. The woodworking segment contributed the most to this result (46.3 billion rubles, +14% YoY). The OIBDA indicator was on an upward trend for...

Russian Timber Journal 04-2025: Interview with Stanislav Serov, Russia Business Development Director at EGGER; Russian timber industry performance in 2024: WhatWood’s version; Russian timber harvest increased by 3.4% YoY in 2024, up to 194.3 million m³; plywood production in Russia grew by 1.9% in Q1 2025; MoloPak started up a new production site worth 1.3 billion rubles in the Moscow Region; waste paper prices in Russia exceeded 20,000 rubles per ton; record-breaking amount of paper and cardboard was produced in Russia in March 2025

Russian Timber Journal 04-2025: Stanislav Serov, Russia Business Development Director at EGGER: “We have intentionally reoriented our sales from furniture factories to professional distribution”; Russian timber industry performance in 2024: WhatWood’s version; Russian timber harvest increased by 3.4% YoY in...

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

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...

Russian Timber Journal 09-2024: Interview with Alexey Garmash, CEO, Novomorsnab LLC; Value of investment in the Russian timber industry grew by 40% in Q3 2024; In January—October, the Russian timber harvest increased by 4.2% YoY; Plywood production in Russia has been growing for three consecutive months; Russian furniture may become 15% more expensive because of duties imposed on Chinese hardware; Wood biofuel production in Russia over 10 months of 2024: a sharp surge of wood briquettes and a decline in wood pellet production; Segezha Group shared its financial performance over 9 months of 2024

Russian Timber Journal 09-2024: Interview with Alexey Garmash, CEO, Novomorsnab LLC; Value of investment in the Russian timber industry grew by 40% in Q3 2024; In January—October, the Russian timber harvest increased by 4.2% YoY; Plywood production in Russia...

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

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...

Segezha Group is replacing parts for maintenance of European equipment at Segezhsky PPM

Segezhsky PPM is working on import substitution of spare parts and components for process equipment that have been purchased in EU countries earlier, according to the Telegram channel of Segezha Group, the mill’s parent company. One of the...

Segezha Group will install Russian equipment at sorting lines at Lesosibirsky LDK No.1

Lesosibirsky LDK No.1, one of the largest enterprises within Segezha Group in the Krasnoyarsk Region, started replacing the Almab plank quality assurance system at the dried sawn timber sorting line (by Almab Storvik AB, Sweden), says the Group’s...

Russian Timber Journal 07-2024: Interview with Timur Irtuganov, Director General, AFWIER; Slow economic revival in the Russian timber industry is beginning to fade; Russian plywood production grew by 3.9% over 8 months of 2024; Legal liquidation of Baykalsky PPM is completed; Retail furniture sales in Russia grew by 10% in H1 2024; Timber trading volume at SPIMEX exceeded 4 million m³; More than 3 million m³ of sawn timber has been exported from the Krasnoyarsk Region since the beginning of 2024; Birch plywood export from the Kirov Region to China increased by 5 times

Russian Timber Journal 07-2024: Interview with Timur Irtuganov, Director General, AFWIER; Slow economic revival in the Russian timber industry is beginning to fade; Russian plywood production grew by 3.9% over 8 months of 2024; Legal liquidation of Baykalsky PPM is completed; Retail...

Russian Timber Journal 06-2024: Interview with Chongqing Chensen Timber, a Chinese sawn timber trader; Rosleskhoz published final harvesting volumes performance by Russian regions; U.S. nearly doubles duty on Canadian softwood lumber; Sveza purchased Kama PPM; Segezha Group will issue new shares; Ministry of Industry and Trade included a wood processing project by Forest Travel LLC in the list of priority projects; new plywood production facilities were commissioned in the Khabarovsk Region; a Chinese investor will start producing veneer and plywood in the Perm Region by the end of 2024; furniture production in the Northwestern Federal District grew by over 20% in H1 2024

Russian Timber Journal 06-2024: Interview with Chongqing Chensen Timber, a Chinese sawn timber trader: “The supply of sawn timber currently exceeds the demand”; Rosleskhoz published final harvesting volumes performance by Russian regions: the Russian timber harvest has been reducing for...

Segezha Group will issue new shares

During a teleconference with investors about the Q2 2024 financial reporting indicators, Alexander Kreshchenko, President of Segezha Group, reported that the Group’s management team had decided to issue new shares. The details are to be provided in the...