- CEO
- Mikhail Valerievich Shamolin
- Full Time Employees
- 20,800
- Sector
- Process industries
- Industry
- Containers/Packaging
- Address
- 10, Presnenskaya emb., block C Moscow MC Russian Federation 123112
- IPO Date
- Apr 28, 2021
- Business
- Group of Companies Segezha Public Joint Stock Company (Ticker: SGZH.ME) is a leading Russian forestry and wood products company engaged in the production and sale of a broad array of wood-related products. The company manufactures and supplies paper products including unbleached sack kraft papers, kraftliner, greaseproof paper, and fiberboard; packaging solutions such as paper packaging; wood-based products including birch plywood, glued laminated timber, glued structural beams, sawn softwood timber, laminated beams, and cross-laminated timber (CLT) panels; as well as biofuel products and wood chemistry items including lignosulfonates. Its operations span the full forestry value chain, from forest management and timber harvesting to wood-based product manufacturing. The company is the largest forest products producer in European Russia, with operations widely located across the Russian Federation. Founded in 1915, Segezha Group is headquartered in Moscow, Russia.
In recent years, Segezha Group has made significant strategic moves to expand and strengthen its market position. In October 2021, the company acquired LLC Inter Forest Rus from Bonum Capital for approximately $608 million, which doubled the amount of forest land under its management to 16 million hectares and increased its annual allowable cut capacity to 23.6 million cubic meters, making it one of the largest woodland leaseholders globally. In 2024–2025, the company focused on financial restructuring including a secondary share issuance through a closed subscription in favor of major shareholders and financial entities, aimed at reducing its debt burden. It appointed Dmitry Muz as its new CFO in August 2025 to drive financial stability and efficiency. Operational changes include workforce reduction at the Novoeniseysky Wood-Chemical Complex due to challenging market conditions and logistics in the forest products export segment, particularly affecting exports to China. The company also expanded its international footprint by signing its first plywood supply deal in Mexico in 2024 and preparing to enter the South Korean market with innovative high-tech tanker plywood products designed for LNG carriers. Segezha Group continues to develop its product range and market reach within both domestic and global markets, supported by its extensive resource base and strategic partnerships.
Segezha Group serves diverse industrial customers and end markets including packaging, construction, pulp and paper industries, and bioenergy sectors. Its product portfolio is supported by advanced manufacturing facilities and technology integration, enabling it to offer differentiated solutions such as film-faced plywood, ecofloor materials, and specialized plywood for LNG carriers. The company remains focused on sustainable forest management, leveraging its vast forest assets to supply raw materials for its broad product lineup while adhering to environmental standards.
Overall, Segezha Group is a comprehensive forestry holding operating primarily in Russia with a growing presence in international markets, with strategic initiatives in acquisitions, financial restructuring, market expansion, and product innovation as key drivers of its business evolution in the last two years. Its headquarters is in Moscow and it has subsidiaries engaged in various segments of the forest products industry.
This description reflects Segezha Group’s current standing as of late 2025 based on publicly available corporate announcements, financial transactions, product expansions, and strategic updates.