Mondi shares slump as Ukraine plant suspends production

Shares in paper and packaging maker Mondi slumped on Monday as the company said it had suspended operations at its plant in the western Ukranian city of Lviv due to the Russian invasion.

Mondi added that its operations in Russia, representing around 12% of the group's revenue by location, were still running, including an integrated pulp, packaging paper and uncoated fine paper mill located in Syktyvkar (Komi Republic).