IDF to provide Ugra Timber Holding with 46 million rubles for the modernization of its production

Ugra Timber Holding will put into operation an LVL beam impregnation line and modernize its boiler house. Investments will amount to 131.9 million rubles, of which 46.17 million rubles can be financed by the Industrial Development Fund (IDF) as a soft loan, and another 19.79 million rubles – by the Ugra Development Fund as a loan.