- Syktyvkar, Russia
Control in consortium
- Sale to a strategic investor
In spring 2002, Syktyvkar Wood Processing Plant was sold to Mondi Europe, allowing the company to become the largest producer of office paper in Europe.
Syktyvkar Wood Processing Plant is one of the largest plants in the paper and pulp industry in Russia. The First NIS Regional Fund purchased shares soon after the company’s privatisation.
Today’s decision by the Basmanniy Court to prolong the pre-trial detentions of Maxim Vladimirov and Philippe Delpal was unfounded.
Today the Basmanny Court once again prolonged the house arrest of the founder of Baring Vostok Michael Calvey, without any legal basis for the arrest.