Mondi PLC said on Monday it had agreed to sell its most significant facility in Russia to Sezar Invest LLC for around RUB80 billion, or about EUR775 million.
The Weybridge, England-based paper and.
FTSE 100 paper and packaging group Mondi is set to complete its exit from the Russian market after agreeing the sale of its largest plant in the country.
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.
Mondi expects to sell Mondi Syktyvkar mill within 12 months interfax.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from interfax.com Daily Mail and Mail on Sunday newspapers.