Investlesprom: wooden housing market in Russia rose by 30% in 2013

In 2013, Investlesprom holding has reduced deliveries of plywood to the European market that fell into crisis and refocused on the domestic market (up to 60% of the total deliveries), which boosted company’s revenues, as said in the summing-up press release for 2013 operations by General Director of the holding, Anton Zavalkovsky.

The company also reduced the production of low-grade plywood and increased the output of high-margin products. As a result, revenue of Investlesprom from plywood sales in 2013 increased by 15.8%.

“Reaching the South Korean market was a great achievement for the holding, now we occupy a stable position there in the segment of high-grade plywood,” said Zavalkovsky.

The Russian market of wooden housing last year increased by 30%, according to the top manager. Sokolsky DOK, which is part of the holding, increased production of wooden houses by 48%, mill’s share in the Russian market has reached 18%. Among the competitive advantages of this mill, Zavalkovsky named an own design bureau.