A corrugated cardboard producer from Kemerovo is going to invest 74 million rubles in equipment upgrading

TK Gofrotorg LLC received a loan of 74 million rubles to upgrade its equipment. By the end of 2021, the company intends to ramp up production output by 20% and increase revenue to 231 million rubles.

As the new equipment is commissioned by the end of 2022, the product output volume is expected to grow by 75% and the revenue, up to 400 million rubles. In 2023, the product output is supposed to increase by another 75% compared to 2022 and bring the revenue of 700 million rubles.

The company will also expand its product range and start producing paper packaging from micro corrugated cardboard and five-layer corrugated cardboard.