Segezha Group will establish a forest machinery maintenance center in Karelia on the sites of the Finnish company Ponsse, which left Russia. Segezha Pulp and Paper Mill's forest resources branch plans to upgrade the center's production base to service all types of forest machinery, including replacement of components, preventive maintenance and repairs. At p...

Segezha Group plans to carry out additional capitalization this year to reduce the debt load, said the president of the timber holding Mikhail Shamolin. "We are now in negotiations, there are a number of enterprising partners who are interested to enter the capital of Segezha Group, acquire a stake and invest money in the company," he specified. Segezha Grou...

Segezha's IFRS loss for 2023 amounted to ₽16.748 billion, against a profit of ₽6.052 billion in the previous year. Revenue fell 8.7% to ₽88.487 billion versus ₽96.875 billion a year earlier.

Segezha Group opened a new accelerated railroad container route for plywood delivery to China. At the end of February, 70 containers with birch plywood formed directly on the railroad tracks of the Galich Plywood Mill departed from Galich station of the Northern Railway to Taicang and Qingdao. Such approach reduces the cost of transportation, increases the s...