Fyodor Potapenko, who has served for many years as head of Segezha Group’s Sokol Wood Processing Plant, a producer of high-quality lumber and wood products for housing construction, was appointed as the new CEO of Lesosibirsk LDK No. 1.
Sergei Pomelov, President of Segezha Group, said: “The Lesosibirsk plant has favourable conditions for further successful growth: a significant forest resources base and modern logging and sawmilling capabilities. With the acquisition of this asset, Segezha Group has expanded its presence in Russia, and is diversifying its business geographically. By more than doubling the raw materials volumes processed at its sawmills, the group has become a leader in the production and sale of sawn timber in Russia. The product range offered to customers has been expanded by adding new types of wood that are in demand on the market: larch and Angara pine.”
OJSC Lesosibirsk LDK No. 1 is one of Russia’s largest producers of lumber, fibre board, planed mouldings and furniture made of natural Angara pine wood.
