The packaging manufacturer Mondi is selling its last factory in Russia. As the British announced, the Moscow real estate developer Sezar Group is buying the factory in Syktyvkar for 80 billion rubles (776 million euros). According to Mondi, the Russian government has approved the sale transaction. About a year ago, the authorities vetoed the plan to sell the plant to the owner of the Russian drug manufacturer Pharmstandard, Wiktor Charitonin, for 95 billion rubles (then 1.5 billion euros).