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Mondi buys “BiPuck”. News of pulp and paper industry

Company Mondi Group, is widely popular on the world market as the biggest producer of pulp and paper production, it intends to consolidate the positions on the territory of the Russian Federation. It was the information in the news of pulp and paper industry about planning of buying part of shares limited liability company “Bipuck” (Russia, Lipetsk region, town Lebedyan).
The sum of bargain will be about three mld.rub., it  will be at the end of December this year. As it was informed in the news of pulp and paper industry, OOO “Bipuck” has warehouses and production facilities with total volume 30000 m2 and it provides with the job about 400 people.

Mondi Group увеличивает производство упаковки из гофрокартона According to the news of pulp and paper industry most part of production produced with “Bipuck” is accounted for material for packing and packing from corrugated board and sum of profit got for last year was 462 mln.rub.
 Executive director of “Mondi Group” David Hathorn in his statement for the news of pulp and paper industry declared: “Buyinf of shares is only the part of big plan for development of our business in the sphere of packing production from corrugated board in Central and East Europe. This decision is profitable twice because it will allow going to the world market with high potential for development

 


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