Greenwood is going to invest 348 million rubles in organizing wood fiber production in the Sverdlovsk Region

A wood processing production site is going to be created in Lesnoy Advanced Development Territory in the Sverdlovsk Region; the investment is estimated at 348 million rubles. The corresponding agreement was signed between Investment Promotion Agency of the Sverdlovsk Region and Greenwood.

“The investment project involves building a shop for processing hardwood and softwood into high-quality wood fiber for paper and cardboard production with the extrusion technology which offers a high return on investment and is environmentally safe,” explains Alexander Porodnov, CEO, Investment Promotion Agency.