Tag: Sokolsky PPM

Segezha Group to install cutting-edge wastewater treatment facilities at Sokol Pulp and Paper Mill

Segezha Group is planning to construct its own treatment facilities at Sokol Pulp and Paper Mill in the Vologda Region. Investments in the project which includes the construction works are estimated at around RUB 2 billion. The biological...

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...

In 1Q 2020, Sokolsky PPM sales rose by 8.7%

In 1Q 2020, sales profit of Sokolsky Pulp and Paper Mill (part of the Segezha Group) increased by 39.8% YoY to 35.2 million rubles. Revenues for the same period increased by 8.7% YoY to 295.2 million rubles. The...

AFK Sistema officially announced its purchase of Investlesprom holding

Vladimir Yevtushenkov’s Sistema group of companies officially announced acquisition of Investlesprom assets on April 4. It is one of the largest timber industry companies in Russia. Legal completion of the transaction requires the consent of the antimonopoly authorities,...