Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market or liquidated local entity(ies)
Exited Exit Completed
Metsä Group is a Finnish forest industry group. Metsä Group's core businesses are tissue paper, culinary paper, paperboard, pulp, wood products, and timber trading and forestry services.
Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market or liquidated local entity(ies)
Exited Exit CompletedSuspended operations at Russian mill: suspended production in the Swir sawmill, Russia, Wood procurement in Russia and imports to Metsä Group's mills discontinued. Metsä Group completed the sale of its Russian subsidiaries to VLP Group. Finnish sawmill concern Metsa Group announced the completion of a transaction to sell all of its subsidiaries in Russia. The Vologda Timber Industry Group of Companies became the buyer of a 100% share of the Russian assets of the Finnish company.
| May 15, 2024 | Finnish sawmill Metsa Group sold all its assets in Russia |
| April 01, 2022 | Metsa Group's operations in Russia will be discontinued for the time being |