| Company type | Open joint-stock company |
|---|---|
| Founded | 1923 |
| Headquarters | , Russia |
| Revenue | $14 million[1] (2017) |
| −$1.39 million[1] (2017) | |
| −$22.8 million[1] (2017) | |
| Total assets | $233 million[1] (2017) |
| Total equity | −$27.9 million[1] (2017) |
| Website | aokcbk |
Joint Stock Company Kondopoga (Russian: ОАО «Кондопога») is a Russian pulp and paper production company located in the Republic of Karelia.[2] It is currently the largest in Russia and 7th biggest in Europe newsprint producer with an annual output of 710 tpy.[citation needed] Headquartered in the city of Kondopoga, the company has 7,657 employees.[3] It has two wholly owned subsidiaries and five affiliated companies.[2] The company's stock is traded at the Russian Trading System.[2]
Kondopoga's main product is newsprint, which constitutes 94.8% of the company's overall production.[2] The company exports its newsprint to publishing and printing houses, including many in foreign countries such as the United Kingdom, Germany, Turkey, Sweden, Finland, India, Sri Lanka, Egypt and Latin America.[2] Other products include paper for typewriters, ceramic brick, technical lignosulphonates, fodder yeast and others.[2]
The company was founded in 1929. Every third Russian newspaper is printed on the paper made at "Kondopoga".[4] According to Kommersant, OAO Kondopoga is one of the industry's most successful companies.[5]
- ^ a b c d e http://www.e-disclosure.ru/portal/files.aspx?id=2983&type=3.
{{cite web}}: Missing or empty|title=(help) - ^ a b c d e f "Kondopoga KNDOIN:RTS". Financial Times. Retrieved 2009-07-15.
- ^ "Kondopoga OAO (P)". Credit Risk Monitor. Archived from the original on 2009-10-22. Retrieved 2009-07-15.
- ^ "OPEN JOINT-STOCK COMPANY "KONDOPOGA"". ASMO Press. Archived from the original on 2007-09-30. Retrieved 2009-07-15.
- ^ "Timber Industry 1991-2000". Kommersant. Archived from the original on 2007-09-30. Retrieved 2009-07-15.