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Mondi PLC

Mondi Group, a large international package producer, signed the agreement for the acquisition of 100% shares of the Russian Bipak LLC, informs Mondi Group. Bipak produces corrugated card and packaging for foods and agricultural products, including drinks, dairy products, fruit and vegetables. The enterprise is located in Lebedyan, Lipetsk Region.

The cost of the Bipak acquisition is 2.8 bln rubles.

13 October 2016
Vedomosti

Mondi Group, a major international packaging producer, has signed the agreement for purchase of 100% in Russian LLC Bipak according to Mondi Group's statement. Bipak is a producer of corrugated cardboard and packaging for foodstuffs and agricultural products including drinks, milk products, fruits and vegetables. The enterprise is located in Lebedyan, Lipetsk Region.

The value of the Bipak purchase deal is RUB 2.8 bn.

13 October 2016
Vedomosti

Mondi Group, international producer of packaging and paper, purchased 100% stock of Uralplastic-N, plastics producer, from JSC Rosnano and a private investor, the Mondi Group release says. “The purchase of Uralplastic supports the development of our consumer packaging business and strengthens our presence in the Russian market. It complements the existing plant in the Yaroslavl Region and gives us an opportunity to improve our offer for the customers in this growing market”, the release quoted David Hathorn, CEO of the Mondi Group.

12 July 2016
RIA Novosti

Komi Administration informs that Mondi Group will invest EUR 800 million in the upgrade of Mondi Syktyvkar LPK in the next ten years.

16 March 2016
TASS

Mondi Syktyvkar JSC will invest about 10 billion rubles in modernizing its manufacturing. The figure was announced to the journalists today by Sergei Gaplikov, interim Head of the Komi Republic, after the regional government and the company signed a cooperation agreement.

19 January 2016
ITAR TASS
Investor
150.2 mln
Jobs: 35
Rep. Komi, Yaroslavl Region, Sverdlovsk Region

Investor profile

Mondi PLC

United Kingdom

T: +44 (0)1932 826 300

Public company

E-mail: carol.hunt@mondigroup.com

Contact: David Hathorn, CEO

Mondi Group - an international company for the production of paper and packaging . Key activities are the manufacture of packaging paper and packaging materials (including corrugated packaging , bags and special packaging products ) , as well as high-quality bezdrevesnoy uncoated paper .

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