said Associate Professor of the Department of Corporate Governance and Innovation of the Russian University of Economics. G.V. Plekhanov Mikhail Khachaturyan. According to him, now it is unlikely that it will be possible to quickly increase the volumes necessary to meet the needs of printing houses, but there are the beginnings of the production of bleach for paper in the country.
Lecta announced today a project to cease the activity on PM4 at its Condat mill (Le Lardin St Lazare, France) which produces Coated Woodfree Paper (CWF) due to the strong decline in the graphic paper market. A reorganisation project was announced to the employee representatives on which they will be consulted.
The hygiene and health company Essity divests its operations in Russia. Essity has signed an agreement with a buyer and the transaction has now been approved by the Russian authorities. The transaction is expected to be finalized during the second quarter of 2023.
The head of Armenia’s Central Bank has declined to deny the accuracy of reports in the Russian press that a number of Armenian banks have started to block Russian companies from making payments for electronics imports.
