|
|
2016-11-08 00:00:00
|
In recent times, there are few companies having as good a time as Volga Paper Company (JSC Volga) and this has been capped off with the announcement that they are now in the top 10 of Russia’s Top 50 Largest Forestry Companies for financial rating.
Accord to the report by Lesnaya Industriya business magazine, 250kt of newsprint were produced in 2015 at Volga and this contributed to a revenue of 9 billion RUB. As the magazine assessed all of the revenues of all the biggest companies, this meant that Volga were in the top 10 which actually accounted for 75% of the industry itself with 310 billion RUB.
Every year, this particular forestry magazine compiles this research and resulting report to see which companies are adding the most to the industry. For Volga, this is great news after also being placed seventh in the 2014 list of the top pulp & paper and timber companies by revenue.
|
|
|