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Tag: investment

New CNC machine has been launched at Sveza mill in St. Petersburg

10 February 2021 ` 19:51  
Sveza has put a second CNC machine with programmed numerical control at its mill in St. Petersburg. The new equipment is capable of producing parts of any given configuration from large-format plywood sheets with a thickness of up...

Sveza installs a new moisture meter in Tyumen

26 January 2021 ` 15:51  
The Tyumen mill of Sveza has installed a new moisture meter. Investment in the new measuring equipment amounted to around RUB 8 million. The new equipment can help to prevent parts of the high-moisture veneer from getting to...

Tilia in Perm to invest 100 million rubles in the production of furniture boards by 2023

14 January 2021 ` 18:52  
Tilia LLC (the town of Chernushka, Perm region) is going to invest 100.4 million rubles in the organization of value-added processing of birch timber and the creation of furniture board production by 2023. 68.2 million rubles are supposed...

Sveza modernized its production facilities in Uralsky

14 January 2021 ` 18:42  
The value of investments in the modernization of Sveza’s plant in Uralsky in Q3 2020 amounted to 230 million rubles. 40 million rubles have been invested in the installation of a new press in the second plywood workshop....

Furniture boards production to open in the Kaluga region

28 December 2020 ` 17:42  
The investment project is being implemented by Lesnoy Soyuz LLC. The enterprise is engaged in timber sawing and planing in the village of Novoslobodsk of the Kaluga region. The Industrial Development Fund (IDF) has approved a loan of...

Sveza’s investment project in the Vologda region included in the priority list

18 December 2020 ` 18:27  
Novator +52 project is included in the list of priority regional investment projects with the provision of tax incentives. It was decided unanimously at the Gubernatorial Investment Council of the Vologda region. The investment project is estimated at...

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

9 November 2020 ` 21:02  
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...

Vologdaleskhoz (Vologda Region) reached its design capacity

3 November 2020 ` 18:50  
Wood processing capacities to produce 30,000 m3 of sawn timber and moldings have been created at the production site of Totma Forestry Enterprise The project’s investment value was 340 million rubles. A boiler house with 3MW capacity consuming...

Sveza Verhnaya Sinyachiha is upgrading production capacities

26 October 2020 ` 19:19  
The plant is implementing several projects at once within an investment program. The value of investment in upgrading production capacities and improving work conditions will exceed 50 million rubles in Q3 2020. A new German-made drum chipper has...

VMG opened one of the largest particle board factories in Europe

21 October 2020 ` 18:04  
In September 2020, a record breaking greenfield investment in Lithuania has been presented in Akmenė – “Vakarų medienos grupė” officially opened one of the largest particle board factories in Europe, with the investment reaching a total of EUR...

Unilin invests 11 million euros in its Vielsalm site

1 September 2020 ` 17:55  
In order to meet the steadily increasing demand for high-quality laminate floors, Unilin wants to increase production capacity at the Belgian plant in Vielsalm. The € 11 million investment is intended to sustainably secure the location and also...

GS Group announced its plans to invest up to half a billion rubles in the production of packaging from cast paper pulp at First Cardboard Factory

28 August 2020 ` 18:18  
GS Group announced its plans to invest up to half a billion rubles in the development of production of packaging from cast paper pulp at First Cardboard Factory (part of Technopolis GS Innovation Cluster, the town of Gusev,...