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The news of the SPO sent shockwaves through the market, causing Segezha’s shares to plunge by 20% during trading on the Moscow Exchange​.

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Segezha Group posts 24% rise in first-half losses, unveils SPO plans, sending shares down 20%

Segezha Group posts 24% rise in first-half losses, unveils SPO plans, sending shares down 20%

Image: Segezhsky Pulp and Paper Mill / Segezha Group

Segezha Group, one of Russia's largest forestry and paper companies, reported a 24% year-over-year i...

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