Segezha Group sold Segezha Packaging (Segezha's European "daughter"). This was stated to journalists by the president of the company Mikhail Shamolin.
Segezha Packaging specializes in the production of industrial paper packaging for high-margin segments, including food products.
Segezha Group (PJSC Segezha Group of Companies, TIN 9703024202) is a Russian timber holding company. The total area of the leased forest fund is 16.1 million hectares, and the volume of the estimated cutting area is 23.2 million cubic meters.
Segezha Group is an international holding company - the geography of assets covers 14 states, while all major production facilities are concentrated exclusively on the territory of the Russian Federation. The company is represented in the markets of more than 100 countries. The labor collective has about 20 thousand people.
Segezha Group's net profit in the first half of 2022 increased by 58% to RUB 12 billion. Revenue increased by 48% to 63.3 billion rubles, OIBDA - by 34% to 17.7 billion rubles.
