http://www.appm.ru/ Arkhangelsk Pulp and Paper Mill latest news http://en.appm.ru/news/2010/1210.shtml (Arkhangelsk region, Novodvinsk). Pulp Mill Holding GmbH (Austria) increased the controlling stock in OJSC "Arkhangelsk Pulp and Paper Mill ". As a result of acquisition of shares on the secondary market Pulp Mill Holding GmbH owns 97,42% of total outstanding voting stock of the Society and 20% of stock of OJSC "Arkhbum", the affiliated company of the open joint stock company Arkhangelsk PPM, which is engaged in transport provision of the mill's activity and production of cardboard and paper packaging in Podolsk (Moscow region). Repurchase of securities was financed via attraction of funds of CJSC UniCredit Bank. Chadbourne & Parke, the international law firm, executed legal support of the transaction on the part of Pulp Mill Holding GmbH. Reference Arkhangelsk PPM. is one of the leading wood chemical manufacturers in RF and Europe. In 2009 the share of the mill in total Russian pulp and paper production amounted to: 18% for containerboard, 11% for pulp, school exercise-books for 33%. By results of the 3rd quarter 2010 pulp cooking has increased by 7,5% and amounted to 637,9 thsd. t. in comparison with the previous year. Sales revenue from sales of goods and services increased in 1,3 times and totaled RUR 11 619 mln. Profitability of sales grew up to 21%. Net profit amounted to RUR 1 691 mln. against RUR 249,7 mln., gained for 9 months of 2009. Growth of profit is explained by stabilization of market demand, increase of prices on the foreign and Russian markets of pulp and containerboard and optimization of the mill.s costs. The equity capital of the joint-stock company amounts to RUR 780,225 thsd. divided into 780,225 thsd. ordinary shares at nominal par 1 ruble. 97,42% of stock belongs to Pulp Mill Holding GmbH (Austria). Thu, 18 Nov 2010 11:02:53 +0300 http://en.appm.ru/news/2010/1201.shtml OJSC "Arkhangelsk PPM" will distribute 575 rub per share as dividends at the expense of profit of the previous years. The decision was taken on 25 July Fri, 25 Jun 2010 16:09:08 +0400 http://en.appm.ru/news/2010/1191.shtml In 2009 pulping amounted to 810,2 thsd. t. Revenue from sales of products, works and services - RUR 11 873,0 mln., net profit - RUR 18,0 mln. The world economic crisis resulted in sharp downturn of demand and prices on foreign and domestic markets of pulp and containerboard in the beginning of 2009. By results of operation in the 1st quarter of 2009 pulping was decreased by 23,3%, revenue sales reduced and net losses amounted to RUR 368,6 mln. The production and economic parameters have improved since the 2nd quarter 2009, as a result of stabilization of the market demand, increase of production output and fulfillment of the measures of the anti-crisis program, aimed at costs reduction. By results of the 2nd quarter the net profit has totaled RUR 13,5 mln., in the 3rd quarter - RUR 105,4 mln. The sales system has been recovered by the 4th quarter that allowed to achieve before-crisis results. In the 4th quarter utilization of production capacities exceeded 100%, sales increased, net profit totaled RUR 267,7 mln. Thus, the mill finished 2009 with a success having decreased the lag from production program and covered the loss of the 1st quarter. Tue, 6 Apr 2010 10:55:50 +0400