The Board of Directors appointed Aleksei Lomko as Chief Executive Officer of Russian JSC Ilim Group effective from October 30, 2023. Aleksei Lomko is one of key opinion leaders in corporate law, management, legal support, and re-engineering of large companies. Mr Lomko is a graduate of the Ural Legal Academy and holds MBA degrees from […]
Russian president Vladimir Putin has signed a decree “On the mandatory sale of revenue in foreign currency received by certain Russian exporters under foreign trade agreements (contracts),” according to a government statement. According to the decree, a specific list of exporters, including 43 groups of companies from various industries such as the fuel and energy […]
The Austrian Pulp Mill Holding will invest over 160 billion rubles in the modernization of its Russian production facilities within the next several years, paying a particular focus for the building new sulphate-cardboard plant with a third cardboard machine (KDM-3) with a capacity of 700,000 tons of products per year. Payback period of the project […]