Tag: Siberia

Segezha Group agrees to acquire forestry assets in Siberia for $515 million

Segezha Group will acquire 100% of the share capital of Inter Forest from Bonum Capital Ltd for $515 million. Segezha Group will finance the acquisition with funds from a new issue of RUB-denominated exchange-traded bonds as well as...

WhatWood:”The downward trend of the export of unprocessed round timber from Russia is saved”

According to the information and analytical agency WhatWood, the reasons for the decline in exports are the high demand for sawn raw materials within the country, especially in Siberia and the Far East after the introduction of new...