For the development of its own production JSC “Solikamskbumprom” took 27 million euros in the Black sea trade and development bank

Black sea Bank of trade and development (BSTDB) has provided JSC “Solikamskbumprom” the seven-year loan in the amount of 27 million euros.

The loan will focus on expanding the capacity and improving the efficiency of production of newsprint, and also includes the cost of technical assistance to improve the performance of the company in the field of environmental protection, OHS, compliance with international and national standards for pulp and paper industry. The press service of the Union of paper wholesalers.

JSC “Solikamskbumprom” produces newspaper paper, which is supplied to more than 60 countries. The company has a full production cycle – from pulp cooking to paper production. The owners of the JSC are representatives of the company’s management and other individuals.

Black sea Bank of trade and development (The Black Sea Trade and Development Bank, BSTDB) is established to support regional development and cooperation of the countries of the black sea region. BSTDB founding countries: Albania, Armenia, Azerbaijan, Bulgaria, Greece, Georgia, Moldova, Russia, Romania, Turkey and Ukraine. The headquarters is located in Thessaloniki (Greece).