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Tag: Segezha Group

Segezha Group and the Republic of Karelia confirm intention to construct a state-of-the-art pulp and paper industrial complex

3 June 2021 ` 23:59  
On June 3, at the St. Petersburg International Economic Forum (SPIEF 2021), Mikhail Shamolin, President of Segezha Group (a Sistema company), and Arthur Parfenchikov, Head of the Republic of Karelia, signed a letter of intent for the implementation...

Segezha Group plans to consolidate 100% of CJSC Novoyeniseiskiy LHK

28 May 2021 ` 20:59  
On May 20, 2021, as a part of the phased consolidation of the assets of CJSC Novoyeniseiskiy LHK , Segezha Group signed an agreement on the acquisition of a minority stake in Tegli Holdings Ltd holding a 100% stake in...

Segezha Group opens sawtimber carrier navigation along the Volga-Baltic waterway

28 May 2021 ` 18:54  
The White Sea-Baltic Canal officially opened for navigation to the NWFD (North-Western Federal District) timber harvesting branches of Segezha Group, a Sistema company, on 20 May 2021. Previously, the navigation season also started along the Volga-Baltic Waterway and...

Segezha Group sends its first container train to China from Arkhangelsk region

24 May 2021 ` 23:35  
On May 21, 2021, for the first time in its history, the Arkhangelsk region-based Onega Sawmills (Segezha Group PJSC, a subsidiary of Sistema PJSFC) has sent a high-speed container train along the Onega—Grodekovo—Ganzhou Guojigang (China) route. Sixty-two forty-foot...

The navigation season begins at Segezha Group enterprises in Krasnoyarsk region

30 April 2021 ` 19:46  
On April 29, 2021, the proprietary fleet of the Lesosibirsky LDK No.1 JSC launched its vessels as scheduled, after a winter break and some maintenance work. In this navigation period, the Plant plans to receive a total of...

Russian customer receives Segezha Group’s first shipment of CLT panels

29 April 2021 ` 18:59  
In March 2021, the new Sokol CLT plant shipped Russia’s first mass-produced cross-laminated timber (CLT) panels to its first customer, a buyer in the Leningrad Region. The plant belongs to Segezha Group, a Sistema JSFC company. The CLT...

Segezha Group announces Q1 2021 IFRS results

23 April 2021 ` 20:48  
In 1Q 2021, Segezha Group’s revenue grew by 27.4% YoY to RUB 18.2 bn. OIBDA grew by 93.5% YoY to RUB 5.0 bn. The OIBDA margin was 27.6%, up 9.2 p.p. YoY.

Segezha Group announces indicative price range for IPO and planned listing on Moscow Exchange

21 April 2021 ` 10:46  
Segezha Group announces the indicative price range for its initial public offering and planned listing of ordinary shares on Moscow Exchange, and the publication of the offering memorandum in relation to the offering. The indicative price range in...

Segezha Group upgrades its logging trucks in Krasnoyarsk Region

15 April 2021 ` 19:31  
Segezha Group (a Sistema JSFC company) is completing another investment project to upgrade its timber hauling fleet. The logging branches of Lesosibirsk LDK No. 1 falling within the Angarsky group are preparing to receive 10 tractor trucks and...

Lesosibirsky LDK No. 1 increases its production capacity

12 April 2021 ` 20:29  
Segezha Group has started its investment project for the construction of drying kilns at the site of Lesosibirsky LDK No. 1. The project will allow to increase the annual output of finished products. The plant currently produces over 600,000...

Segezha Group announces intention to float on Moscow Exchange

12 April 2021 ` 11:32  
Segezha Group (part of PJSFC Sistema) announces its intention to conduct an initial public offering of ordinary shares and to list on Moscow Exchange. The Offering will consist of a primary offering of newly issued shares to raise...