Tag: Volga JSC

Net profit of JSC Volga dropped by 25.8% in 2023

The revenue of JSC Volga reduced by 1.8% YoY in 2023, down to 13.6 billion rubles. The company’s net profit dropped by 25.8% YoY over the reporting period, down to almost 1.84 billion rubles. Interfax quotes the company’s...

Volga JSC published its annual report for 2021

The total production volumes of all types of finished products amounted to 306,711 tons, and the share of Volga JSC in the volume of production among Russian paper manufacturers increased to 23%. Despite the fact that in financial...

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...

For Q1 2019, Volga JSC produced more than 60 thousand tons of newsprint

According to the quarterly report of the company, the plant exceeded the production plan by 2 %, to 61 021 tons (net). The volume of manufactured packaging paper for 3 months. 2019 amounted to 3,539 tons (net) –...