The history of the company starts in 1925: the exact year when the construction of the Balakhna paper giant on Volga begun.

In 1928 the first paper machine was launched, which in its first month produced 700 tons of newsprint paper. From that very day the Balakhna Paper Mill started to increase its production capacity with every year. In the early 30s three more paper machines were assembled and launched. By the end of 1950s the annual output constituted about 250 thousand tons of paper.


Starting from 1960, a radical reconstruction of production and the expansion of the mill occurred. In 1962-1967 complexes six and seven of high-speed paper-producing units by “Wartsila” with the capacity of producing 108 thousand tons of reeled newsprint paper, a new pulp mill with a park of high-capacity pulp grinders, a screen room and a new finished goods warehouse were put into operation.


On 26 March, 1976 the Balakhna Paper Mill was awarded the Order of the October Revolution for great achievements in the development of industry.

In 1977, the Balakhna paper was awarded the State Quality Mark.


A major milestone was achieved by the enterprise on 4th January, 1991, when a decision to create an open Joint Stock Company Volga with the involvement of foreign capital was made.


In October, 1994 the PM 8 by “Voith” with a state-of-the-art design and high-production equipment was put into operation. After its launch, machines of the old design №1, 3 and 3 were shut down.


In 1997 a renovated woodyard with the equipment by FMW was put into operation. Simultaneously with its construction, the chemical-thermomechanical woodpulp workshop has been upgraded and was transferred into thermomechanical pulp production. The same year pulp production (comprising the pulp workshop and related acid and evaporative workshops) was shut down due to it being a major environmental hazard.


In 2006 the reconstruction of the pulp warehouse was completed, which enabled the increase of the production of white pulp and the improvement of its quality.


In 2007 the project on construction of the Integrated line for disposal of bark, wood waste and treatment facility residue received a Diploma of National Environmental award. In the following years reconstructions and upgrades of the equipment were carried out on numerous occasions. A number of unique investment projects was implemented, among which were the reconstruction of the PM 6, the reconstruction of the TMP workshop, the reconstruction of the feed section in power building, the reconstruction of the gap measurement system between grinding rings of the refiners in the TMP workshop.


In 2014 the phased implementation of programs on modernization of basic and auxiliary equipment continued. The most significant of the implemented projects turned out to be the reconstruction and commissioning of the Finnish wet ash-removal system on bark-burning tank, the project on ensuring safe operation conditions of hydro-technical installations and the reconstruction of the press section (calender roll, suction couch shell, reduction gear) on the PM 8.


Starting from 1st January, 2015 the A.V. Vinter Nizhny Novgorod Regional Power Station joined JSC Volga and became a new structural unit of the company. Moving towards the main strategic objective of reducing the price of the acquired energy supplies, JSC Volga was focused on the modernization of the power station, namely, increasing power generation capacity with high reliability and cost-effectiveness.

In March, 2015 JSC Volga won the regional competition “The Investment project of the year – 2014” in the category of industrial production with an innovative project on increasing the company’s energy efficiency and reducing the cost of paper products.

On 1 June, 2015 JSC Volga was included in the list of organizations exerting major influence on industry and trade.


In 2016, JSC Volga changed the brand name and became a joint stock company in accordance with the provisions of the Law № 99-ФЗ from 5 May, 2014 “Amendments to chapter 4, part 1, of the Civil Code of the Russian Federation and the repeal of certain provisions of legislative acts of the Russian Federation”.

In June 2016, the Balakhna Paper Mill was included in the all-Russia register “The honor book”, which enlists companies and organizations, that contribute to economic and social development of the region and the country.

As a result of the company’s work in 2016, JSC Volga was declared the most informationally transparent company (according to “Ranking of information transparency of timber companies”, published by “Forest industry” in issues 1-2 in 2017).


In January 2017, the Balakhna Paper Mill started official accounts on Facebook, VK and Twitter.

In February 2017, the production of newsprint with a reduced mass (40 gr./m2) was launched, the main advantage of which was the increased area of paper in one roll.

In December 2017, the product of JSC Volga – newsprint paper made from 100% thermomechanical pulp – won the all-Russia contest “100 best goods in Russia” in the category “Goods of industrial and technical application” with the assignment of the status “Novelty”.

Winning the contest allowed the company to put the logo of the Program “100 best goods in Russia” on its products for the next two years.

As a result of the company’s work in 2017, JSC Volga topped the list “Ranking of information transparency of timber companies”, which was published by “Forest industry” in issues 1-2 in 2017.


In 2018 JSC Volga launched the papermaking machine 4, which allowed not only to expand the markets of finished goods, but also to create new employment opportunities. Products, made from waste paper on the PM 4, are supplied to consumers both in Russia and abroad.

In 2018 JSC Volga began building its own rolling stock park under the new development strategy. The organization of cargo transportation with the help of wagons and next-generation platforms allowed the company to cut the cost of logistics, enhance the reliability of supply and increase the volume of transported raw materials.


In 2019 JSC Volga’s project on building a new thermomechanical pulp production line was included in the list of priorities in the area of forest development. Newsprint paper made from 100% thermomechanical pulp and corrugated paper became the prize-winners in the all-Russia contest “100 best goods in Russia” in the category “Goods of industrial and technical application”.

In 2019 JSC Volga was included in the all-Russia ranking “Industry leaders of Russia – 2019”, as well as became a holder of the Nizhny Novgorod governor’s standard for the high level of performance in industrial production.


Starting from January 2020, the process of raw forest materials preparation to provide for the production capacities of the Balakhna Paper Mill Volga began on logging units with the total area of more than 100 thousand hectares in Varnavin district, Nizhny Novgorod region. As a result, the company completed the formation of the full cycle production: from raw materials preparation to finished goods realization, thus, becoming a vertically integrated timber company.

In September 2020, JSC Volga completed the implementation of the investment project “The construction of a new prefabricated chemo-thermomechanical pulp (CTMP) plant with an increase in the newsprint volume production”.

Included in the priority list by the Order of the Ministry of Industry and Trade of the Russian Federation, the project was implemented with the support of the Industrial Development Fund. The amount of investment in the project comprised about 1.5 billion rubles.

In 2020, according to the results of the Federal stage of the all-Russian competition “100 best goods in Russia”, low-mass newsprint under the brand of JSC Volga became a prize winner. For the first time this year, two other products of JSC Volga also became prize winners of the competition: paper for flat layers of corrugated cardboard and uncoated bulky paper used for printing and other graphic purposes.

In 2020, JSC Volga was included in the list of the core (socially significant) timber companies in Russia by Ministry of Industry and Trade.