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Eastern Economic Forum

Sistema plans to increase share in Segezha Group within additional offering

Segezha Group’s management took a principle decision on the company’s additional offering at the end of August, with details planned to be presented this fall

VLADIVOSTOK, September 5. /TASS/. AFK Sistema corporation plans to increase its share in the lumber holding Segezha Group within additional offering, the company’s largest shareholder Vladimir Yevtushenkov told reporters on the sidelines of the Eastern Economic Forum (EEF).

"Yes, it will be increased," he said when asked a respective question. The scale of the share increase is still being discussed inside the corporation, Yevtushenkov added.

Segezha Group’s management took a principle decision on the company’s additional offering at the end of August, with details planned to be presented this fall.

The Eastern Economic Forum is underway on the campus of the Far Eastern Federal University in Vladivostok. The main theme of the EEF this year is 'Far East 2030. Combining strengths to create new potential'. Business activities are broken down into seven thematic blocks: 'New contours of international cooperation', 'Technologies to ensure independence', 'Financial value system', 'the Russian Far East', 'People, education and patriotism', 'Transport and logistics: new routes', and 'Master plans: from architecture to economy'. The Roscongress Foundation is the Forum’s organizer. TASS is the general information partner of the EEF.

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Eastern Economic Forum

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