1 March 2022
Mondi Papers Mills Hurt By Ukraine Crises
RUSSIA—
One of Mondi's Russian Paper Mills. Impact on European paper supplies is unknown
One of Mondi's Russian Paper Mills. Impact on European paper supplies is unknown
 Mondi  Papers is one of the worlds largest printing paper mills with  mills in Europe , North America , South America and Africa and Russia . Mondi owns the largest Russian paper producer, Mondi Syktyvkar, and earns around 12% of its revenue from that country. It has a paper and uncoated fine paper mill located in Russia’s Komi republic, which employs around 4,500 employees.
One of the world's largest printing papers mills with over 1000 locations world wide
One of the world's largest printing papers mills with over 1000 locations world wide
In a statement on Monday, Mondi said that its Russian businesses are all currently operational. However, operations at the company’s paper bag plant in Lviv, Ukraine have been suspended. The plant employs 100 people. Shares in  Mondi have been hit hard as the market digested the impact of the Ukraine crisis on its business. What impact this will have on world paper supplies is unknown. 
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Captain crunch says:
wow wonder how long that this is? looks like a game changer...
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