Raute receives EUR 55 million order in Russia

Raute Corporation has received orders worth approximately EUR 55 million from Russia’s LLC Plitwood. The scope of orders includes all machinery and equipment for the production process of an entire plywood mill and also services related to the installation, commissioning and production start-up of the mill. The machinery and equipment will be delivered to a green field plywood mill to be set up in the Vologda area, which is situated 650 kilometers east of St. Petersburg.

The ordered machinery and equipment will be delivered during the end of the year 2021 and beginning of the year 2022, and the annual capacity of the new mill will be approximately 180,000 m³ of birch plywood. The equipment will be engineered and produced in Raute’s units in Nastola, Shanghai and Kajaani, and also in the company’s partnership network. This order is one of the biggest single orders ever in Raute’s history.

LLC Plitwood is a company established in 2017 for this project. Its principal owners are AO CHFMK (Cherepovets Plywood-Furniture Plant) and LLC VLP (Group of Companies “Vologodskiye lesopromyshlenniki” – Vologda forest industry enterprises).