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WhatWood Biofuel Holz House to invest over 213 million rubles in the expansion of its production in the Kirov region

Holz House to invest over 213 million rubles in the expansion of its production in the Kirov region

17 June 2020 ` 12:31  

As the media office of the Industrial Development Fund (IDF) reports, its expert council approved a loan for the implementation of Holz House’s project in the Kirov region. Holz House will organize production of glued beams, wood pellets, and process chips. Over 90% of beams and wood pellets will be exported to Europe, the Middle East, and China. The total project budget exceeds 213 million rubles, of which 56.9 million rubles can be provided by the IDF as a soft loan, and another 24.4 million rubles – as a loan from the State Industrial Development Fund of the Kirov Region.

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