RUSSIA — Segezha Group is reducing the workforce at the Novoeniseysky Wood-Chemical Complex in Lesosibirsk, Krasnoyarsk Krai, affecting 350 out of 1,000 employees. …Novoeniseysky is one of three city-forming enterprises in Lesosibirsk and ranks second in the region’s forest industry after Lesosibirsk LDK No. 1, also owned by Segezha Group. Both plants historically focused on exports, and the loss of European markets has dealt a significant blow to operations. …Attempts to redirect exports to Asia have faced challenges, including price pressure from Chinese buyers and severe congestion on the Russian Railways’ Eastern route. Rising logistics costs and transport delays continue to erode profitability, as reported by Russian site Dela. …Segezha Group’s revenue fell by 8% year-on-year. …The group reported an adjusted net loss of 15.9 billion rubles ($182 million), up 68% from the same period last year. Lumber sales declined by 6% to 1.0 million m3, with China accounting for 78% of the total volume.