Segezha Group is a Russian vertically integrated timber holding with a full cycle of logging and deep processing of wood. It includes Russian and European forestry, woodworking and pulp and paper industries in 12 countries. According to the assessment of the group itself, it occupies 52% of the market of paper bags and more than 70% of the market of unbleached sack paper in Russia. The company also produces chipboard, MDF, glued structural beams, plywood and lumber. The company was established in 2014, when AFK Sistema businessman Vladimir Yevtushenkov signed agreements on the acquisition of a 100% stake in OAO Segezha Pulp and Paper Mill from the Bank of Moscow and 100% of OOO Derevoobrabotka-Proekt. The company's shareholder is AFK Sistema. As a result of 2017, Segezha Group's revenues amounted to 43.7 billion rubles, net profit - 87 million rubles. Official site.
Mikhail Shamolin told why he resigned from the post of AFK Sistema President, why he headed the forest business of the group and what scenarios of its development are considered.
Chapter Segezha Group Mikhail Shamolin received an option for 5% of the timber industry holding. According to experts, the company's value is about 25-40 billion rubles, and the package that can buy Shamolin is estimated at 1-2 billion rubles.