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string(140) "Mondi has confirmed receiving the full payment for the divestment of its Russian business to Moscow-based real estate developer Sezar Group."
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c1a3e-gb-mondi-plc
MONDI PLC
Location
Founded
Website
https://www.mondigroup.com
Articles
498 Articles
Category
Offices of Holding Companies, Not Elsewhere Classified
Description
Mondi is a global company with a focus on contributing to a better world and being a leader in the industry. They recently launched a new brand identity that reflects their vision and values. The company is committed to creating a positive impact by focusing on circular driven solutions, empowering people, and taking action on climate. They have introduced recyclable packaging for dry pet food, developed innovative packaging solutions, and partnered with other organizations to address sustainability challenges. Mondi's initiatives demonstrate their commitment to sustainability and their efforts to create a better future for the planet.
Paper and packaging group Mondi (MNDI) topped the FTSE 100 leaderboard on Monday after agreeing to sell its Russian assets for 80 billion roubles (€775 million) in cash to a subsidiary of Sezar...
Three months after Mondi withdrew from the agreement to sell its biggest operation in Russia, Syktyvkar, to Augment Investments, the business has now agreed a new sale with a different investor.
While the sale of Mondi’s three Russian packaging operations to the Gotek Group is a significant step towards the company exiting Russia, it retains a footprint in the country in the form of Mondi Syktyvkar, following a failed sale to Augment Investments.
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