Background
As a global leader in packaging and paper, Mondi operates across more than 30 countries, generating revenues of €7.7 billion and underlying EBITDA of €1.5 billion in 2021.
As previously announced, Mondi’s operations in Russia represented c. 12% of the Group’s revenue by location of production in 2021 and, over the last three years, generated c. 20% of the Group’s underlying EBITDA. Mondi has operated in Russia for over 22 years.
