54.8 million rubles will be invested in upgrading a woodworking enterprise in Karelia

Krona LLC will receive a loan under Timber Industry Projects federal and regional program. The enterprise will upgrade a timber processing plant to increase the volume of sawn timber output – lining, timber, strips and planks – and arrange wood pellets production from production waste. The total project budget is 54.8 million rubles, of which 26.6 million rubles can be provided by the IDF as a soft loan, and another 3 million rubles, as a loan from the Industrial Development Fund of Karelia.