Tag: Segezha Group

Segezha Group announces Q1 2021 IFRS results

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

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

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

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

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...

Russian Timber Journal 03-2021: interview with Oleg Fokin, Commercial Director of Sudoma Sawmill; markets of South Korea and Japan: prospects for the development of wood pellet exports from Russia; U.S. softwood sawn timber prices unchanged from the previous week; timber exporters from Irkutsk are experiencing difficulties in shipping products to China; investments in the Russian forest industry decreased by 9.8% in 2020

Russian Timber Journal 03-2021: Oleg Fokin, Commercial Director of Sudoma Sawmill: “At the moment, Russia does not have enough own production facilities for processing low-grade timber in full”; WhatWood: Russian wood pellet exports outlook to the South Korea and...

Segezha Group and Bellmer to build new paper machine at major production site in Vologda Region

Segezha Group (a subsidiary of Sistema PJSFC) and machine manufacturer Bellmer have agreed to build a new paper machine at the Group’s paper factory in Sokol, Vologda Region. The new machine will come online in 2023. This project...

Segezha Group creates a think tank of the pulp and paper industry at the premises of Giprobum in St. Petersburg

Segezha Group acquired Giprobum CJSC, an institution specializing in the design of pulp and paper mills, in early 2020. At the premises of the institute in St. Petersburg, the Group is creating its own “think tank” for improving...

Segezha Group acquires Novoyeniseiskiy Wood Chemical Complex

As Kommersant Newspaper reports, Lesosibirsky LDK No.1 (part of Segezha Group) sent an application to participate in the auction for the sale of the assets of Novoyeniseiskiy Wood-Chemical Complex (NWCC) on February 15, 2021. Lesosibirsky LDK No.1 was...

Segezha Group announces FY 2020 IFRS financial results

Segezha Group, a subsidiary of Sistema PJSFC and a leading Russian vertically integrated holding company in the forest industry performing a full cycle of operations from logging to advanced wood processing, announces its audited consolidated financial results prepared...

Russian Timber Journal 02-2021: interview with Russ Taylor, President of Russ Taylor Global; Russian sawn timber market in 2020, outlook for 2021; Metsä Fibre going ahead with € 1.6 billion Kemi bioproduct mill investment; Segezha Group acquires Novoyeniseiskiy Wood Chemical Complex; Uvadrev places an order from Siempelkamp

Russian Timber Journal 02-2021: interview with Russ Taylor, President of Russ Taylor Global; Russian sawn timber market in 2020, outlook for 2021; Metsä Fibre going ahead with € 1.6 billion Kemi bioproduct mill investment; Segezha Group acquires Novoyeniseiskiy Wood Chemical Complex; Uvadrev places an...

Segezha Group opens an Innovation Center for high-tech packaging

The new business unit will work on the creation of efficient and high-tech products in the field of paper packaging. It will implement projects for the optimization of the design and appearance of packaging and test new packaging...