Russian Segezha Group responding to market challenges after sanctions

Russia's Segezha Group is actively exploring new export channels and routes to adapt to the evolving landscape of international trade. The company is transitioning its focus from traditional European markets, which were crucial until the onset of the Ukraine conflict, to newRuss markets in India, China, and Africa. This shift is part of Segezha's comprehensive import substitution strategy for 2024-25, aimed at mitigating the impact of Western sanctions and the withdrawal of foreign direct investment. The expansion of logistics routes is a key aspect of Segezha's strategy. The company has reported increased variability in its ...