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august 30, 2018

10 largest Russian sawmills boost revenues in 2017

In 2017, the total revenue of the 10 biggest forest products companies in Russia amounted 339.4 billion rubles ($5.1 billion). The top three leaders of the rating have not changed: Ilim Group, Mondi Syktyvkar, Segezha Group.  According to the annual Top 50 Russian forest-based sector companies rating published by Lesnaya Industriya Magazine, the Ilim Group reported FY 2017 revenues decreased by 1.1 per cent to 110.4 billion rubles, net profit down 27.7 per cent to 18.956 billion rubles. Mondi Syktyvkar got the second place in ranking. In 2017, Mondi Syktyvkar’s ...

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