PETROZAVODSK, October 17. /Correspondent of ITAR-TASS Vladimir Zlobin/. Segezhsky Pulp and Paper Mill joint-stock company is recognized the Most dynamically developing company of the year in timber industry of the Russian Federation. The press-service of the enterprise has informed about it today. The basic output being paper bags for packing cement and other loose materials has achieved 15% increase here in comparison with the similar period of the last year, and manufacture of paper and cardboard has 4.2% increase.
The nomination decision was made on Thursday at the fifth All-Russian Timber Forum held on October 14 - October 16 in Saint Petersburg. The special diploma and memorable sign were handed over to the general director of Segezhsky Pulp and Paper Mill to Vasily Preminin by the Association Board of Bumprom Russian Open Society chairman Vladimir Chuiko.
Among criteria on which the combine was recognized 'the dynamically developing company' there were not only growth of manufacture, but also new projects on introduction of modern technologies and improvement of production quality. Segezhsky Pulp and Paper Mill attachs great importance to it. Thus, for example, in September the northerners have concluded the important contract with the Finnish company on reconstruction of paper-making machine to the sum of EUR40 million. The machine will put into service after reconstruction in summer of 2004 and will become the largest in Europe releasing packing paper for bags manufacture. It will have no competitors by its technical, velocity and quality characteristics.