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Tag: Segezha Group

Segezha Group liquidated its sawmill in Karelia

6 December 2022 ` 16:51  
According to a post on the Spark analytics system, Segezha Group liquidated Segezha Sawmills LLC. Winding-up of the sawmill at one of the company’s oldest sites in Karelia began more than a year ago, as reported by TASS...

Segezha Group reviewed the priority of building new pulp and paper mills in Karelia and the Krasnoyarsk Region

2 December 2022 ` 17:34  
Elena Romanova, Head of Investor Relations at Segezha Group, said at Smartlab Conference that Segezha Group had reviewed the priority of projects on launching new pulp and paper mills in Karelia (Segezha West) and the Krasnoyarsk Region (Segezha...

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...