By Eliza Popova
One of the greatest examples was the forest industry of PJSC "Segezh Group". Despite the increase in revenue by 15% in 2024 - up to 101. 9 billion rubles - the company's net debt reached 147. 9 billion rubles (UAH 44. 4 billion). In June 2025, Segezh Group was able to attract investments for 113 billion rubles, but this did not save the company from losses and numerous claims.
In the Leningrad region alone, more than 300 arbitration claims for a total amount of about 72 billion rubles (UAH 22 billion) were filed against the enterprise. Other major manufacturers are not easier to do. In the Republic of Komi, the largest plywood manufacturer of FC Rzeshart LLC, last year, recorded net losses of 1. 1 billion rubles - almost twice as high as 2023, when the company lost 584 million rubles (UAH 175 million).
Intelligence notes that the crisis in the paper industry reflects the overall problems of the Russian economy: the fall in investment attractiveness, sanction pressure, the increase in credit load and the outflow of personnel. Recall that the volume of cargo transportation of the company "Russian Railways" continues to decline, which affects the condition of several key sectors of the economy of Russia.
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