Tag Archives: Pakistan

Russian Nicole-Pack invests in Uzbek flagship paper producer

The Russian company “Nicole-Pack” has completed implementation of the first stage of an investment project to modernize the production of paper products at Angren Pack, the largest paper and cardboard producer in Uzbekistan. The volume of investments is estimated at US$42 million. Sergei Kolesnikov, a co-owner of Nikol-Pak comments: “In June 2018, we bought out […]

Russian paper sector on verge of consolidation

“Karelia Pulp”, a Russian pulp and paper producer, has closed a deal for the acquisition of one of its major rivals in the local market – the Kondopoga PPM. As a result of public tender, Karelia Pulp became the owner of 100% shares of Kondopoga Pulp and Paper Mill, Russia’s largest manufacturer of newsprint. According […]