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Segezha Group is a dynamically developing Russian forest industry holding company with a full cycle of logging and deep processing of wood (part of AFK Sistema Group). The Group has a vertically integrated structure and covers the entire range of the value-added chain, from harvesting operations to production of value-enhanced forest industry products. The Group comprises forest, wood processing and pulp & paper enterprises in Russia and Europe. Segezha Group leads operations in 11 different countries and employs over 15 000 people. The Group distributes its products in more than 100 countries worldwide with 70% of all products sold in foreign markets. Segezha Group is the largest forest leaseholder in the European Russia with 22,7 mln ha of forest under lease, of which 88% is certified according to international standards (FSC). Segezha Group is: - No. 1 in Russia (57% of the market) and No. 2 in Europe (11% of the market) for paper bags manufacturing; - No. 1 in Russia (71% of the market) and No. 2 globally for bag paper manufacturing* *Target use segment - production of multilayer industrial bags