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Segezha Group posts Q1 adjusted net profit of 3.67B Russian rubles, though company's Q1 net profit adjustments for finance expenses total 11.6B rubles; revenue doubles to 35.64B rubles from year-ago revenue of 18.22B rubles on higher sales, selling prices

Sistema-owned pulp, paper company Segezha Group says it is not affected by current UK sanctions imposed on Sistema founder, major shareholder Vladimir Evtushenkov, whose indirect control in Segezha is under 31%; company continues business as usual

Segezha swings to 2021 profit of 15B Russian rubles from year-ago loss of 1.3B rubles on revenue up 34% to 92B rubles; growth driven by global demand, higher prices and operating efficiency

Segezha contracts Russia-based Condor-Eco to complete final stage of environmental project at its pulp and paper mill in Segezha, Russia, by end of 2022; order replaces electrostatic precipitators, installs new boiler filters to trap over 99% of limestone

Segezha contracts Bellmer to build unbleached greaseproof paper machine at group's paper mill in Sokol, Russia, coming online in 2023; order includes Turbo brand Jetter headbox, Former, Press, FilmSizer, Calender, Reeler, Transporter for roll transport

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