Botnia's subsidiary Svir Timber acquires two Russian timber harvesting companies
Oy Metsä-Botnia Ab's Russian subsidiary Svir Timber has acquired the Russian
timber harvesting companies ZAO Petrovles-Pasha and ZAO Petrovles-Podporozhie.
The acquisitions will strengthen wood raw material supplies for Svir Timber's
sawmill and lend support to Botnia's long-range strategy in Russia.
The timber harvesting companies are based in the Volkhovsky and Podporozhje
areas of Leningrad province. Together, the two companies employ around 140
Svir Timber's Vice President Mikhail Bagryantsev has been appointed President
of both companies.
For more information please contact Ilkka Hämälä, SVP, Supply Chain and
Production, tel. +358 50 598 8617.
Metsä Fibre is a leading producer of bioproducts and bioenergy. The company’s pulp brand is Botnia and the sawn timber brand is Metsä Nordic Timber. The company’s bleached softwood and birch pulp grades have been developed for the production of high-quality board, tissue and printing paper and speciality products. The main applications for spruce and pine sawn timber are products for construction and interior decoration as well as window and door joinery and raw material for packaging industry. Currently employing approximately 1 200 people, the company’s sales totalled EUR 1.4 billion in 2016. Metsä Fibre is part of Metsä Group.