Russian paper industry’s transformation coming at the expense of profitability

The Russian paper industry is in a phase of transition as western investors and suppliers are leaving the Russian market due to western sanctions imposed against Russia. Russian manufacturers face the challenge of managing the transformation on the back of a recurring debate about the country’s huge raw material potential. The Russian Government and associations are concerned about the current situation facing the pulp and paper industry and looking for a strategy suitable for stimulating this sector of the economy....

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