Biography of Martin Hermansson
Martin Hermansson was born on September 12, 1972. Place of birth – Seglora. A citizen of Sweden, has been living and working in Russia since 2005. He is the CEO of RFI Consortium, which since 2013 has been the managing organization of CJSC Novoyeniseysk Timber Chemical Complex.
Biography of Martin Hermansson
Martin Hermansson is a representative of a family of large landowners. For generations, the Hermansson have owned and managed vast areas of forest. Family members also carry out investment activities and invest in the development of the most promising projects in the forest industry. Martin Hermansson is currently single. He has no children.
Like other members of the family, Hermansson received an excellent education. He studied at the London School of Economics and Political Science (LSE), which is part of the elite Russell Group, the UK’s three most prestigious universities and ranks second in the world in social studies. The competition for admission to this educational institution is very high – less than 8% of all applications submitted by applicants are successful. The London School of Economics and Political Science is highly influential in the fields of law, economics and politics. Among the graduates of the educational institution are heads of state, Nobel laureates, leaders of successful projects in various fields.
As a result of his studies, he received a bachelor’s degree in finance and economics.
First steps in professional activity
After graduating from the London School of Economics and Political Science, Martin Hermansson began to successfully apply his knowledge in practice. At the age of 24, he founded Gungner Industries, a professional consultancy for the wood processing industry. This experience turned out to be successful. A year later, in 2007, Martin Hermansson became the head of the Nord Timber Group. It united the forest industry enterprises of the Arkhangelsk region into one complex.
Martin Hermansson – CEO and co-owner of Novoyeniseysk LH
In 2010, RusForest and Nord Timber Group merged into a single organization. Martin Hermansson became its co-owner and took over as CEO. The geography of the merged company covered two regions – Irkutsk and Arkhangelsk. As a result of the efforts made, it was possible to increase production capacity and increase the production of raw materials, significantly reduce the cost of finished timber products, and achieve a reduction in administrative costs. Skillful management helped to achieve impressive results. The decisions on the lease of new forest areas and the introduction of advanced technologies also played an important role.
Career development and cooperation with NLHK
In 2013, Martin Hermansson founded a new company called RFI Consortium. In the same year, cooperation with NLHK began. RFI Consortium became the managing organization of CJSC Novoyeniseysk Timber Chemical Complex. The purpose of this decision is to optimize the management of NLHK, reorganize production and increase sawn timber sales by searching for new sales markets in other countries.
US $ 7.5 million was invested in manufacturing operations. By attracting these funds, it was possible to start the implementation of a new development strategy according to the drawn up plan. Active work began on further improving the quality of produced sawn timber, improving financial and economic indicators. In a short time, the activities of all divisions of NLHK were optimized, which made it possible to create favorable conditions for increasing production volumes.
In 2017, to increase the productivity of the enterprise, modern high-tech equipment was purchased and installed – Springer sorting and EWD sawing lines. In the near future, Martin Hermansson is planning to search for the most promising markets for Russian-made sawn timber and to conclude deals that are profitable for NLHK.
Area of interest
Martin Hermansson has a wide range of interests. As his family has been managing their own forest lands for generations, he is concerned about reforestation issues. In Russia, forests on leased plots are actively cut down, and restoration work is not being carried out at all or is not being carried out in full. If this process gets out of control, the environment will suffer a lot of damage, the consequences of which will take many years to recover. Martin Hermansson believes that it is important to pay special attention to the restoration work now, so as not to reduce the export of Russian timber to world markets in the future. In his opinion, the optimal solution would be to increase the rent for land plots for those companies that do not carry out work to restore natural resources.
Martin Hermansson strives to maximize the potential of the forestry industry. He sees the root of most of the problems in the lack of investment and suggests attracting investors for the implementation of promising projects in the timber industry. Martin Hemansson, CEO of the managing organization NLHK, also believes that it is important to expand cooperation with Asian countries, especially with China. In the next five years, the PRC will be in dire need of Russian sawn timber, so now is the time to take care of increasing supplies.