In 2006 ACBK-Invest net income was RUR 1.9 million

Mar 27, 2007. /Lesprom Network/. In 2006 net income of ACBK-Invest (Arkhanguelsk region, Russia) was RUR 1.9 million, company reported. According to company’s official documents, company returned to profit due to increasing revenues from long-term financial investments in 2006. ACBK-Invest is a subsidiary of Arkhanguelsk PPM, one of the leading wood-chemical enterprises in Europe and Russia. PPM specializes in production of cardboard and carton shipping containers, market pulp, fibreboard, paper and paper products and its market share in containerboard in Russia is about 35%. Arkhanguelsk PPM largest shareholder is Austrian Pulp Mill Holding which owns 65%, another 33.6% are owned by BasEl structures.