Russian Mondi Syktyvkar Paper Mill Reports Q3 Revenue
OREANDA-NEWS. November 18, 2014. Mondi Syktyvkar in Komi, Russia, owned by Mondi Group reported revenue in first nine months of 2014 increased 11.1% to 26.08 billion roubles (approximately USD544 million) according to Russian accounting standards. Mondi Syktyvkar's net profit up 20.2% to 1.74 billion roubles (USD 36.7 million).
Mondi Syktyvkar is one of the leaders in pulp and paper industry and the biggest paper producer in Russia.
The company’s core business is the production of office and offset paper. It also manufactures newsprint and white-top kraftliner. Mondi Syktyvkar and its subsidiaries employ 6,500 people.
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