Segezha Group

Segezha Group clears old-growth Karelia forests, endangering 1.5 million hectares of unique ecosystems Since 2022, following FSC’s withdrawal from Russia, Segezha Group has ceased adhering to the moratorium on logging old-growth forests.

Segezha Group advances reverse engineering to replace foreign equipment at Segezha Pulp and Paper Mill Before the sanctions, Segezha relied heavily on suppliers like Austria’s Andritz AG and Germany’s Voith for critical machinery.

Dark times for Russian birch plywood Facing sanctions and struggling to capture demand in limited markets, Russian plywood producers now face a new threat: Chinese companies are building plywood plants in Russia.

Russian wood product companies target India as new export market amid sanctions They aim to increase annual exports of timber products to India to 50 million m3.

Segezha Group posts 24% rise in first-half losses, unveils SPO plans, sending shares down 20% The news of the SPO sent shockwaves through the market, causing Segezha’s shares to plunge by 20% during trading on the Moscow Exchange​.