Tag: investment

In 2023, investment in the Russian timber industry dropped by 4.8%, down to 188.8 billion rubles

The value of investments in the Russian timber industry reduced by 4.8% in 2023 compared to the record-setting performance of 2022; it amounted to 188.8 billion rubles, which is comparable to the 2021 level, according to Roslesinforg. Over...

VLP Group opened a new production site of planed goods at Kharovsklesprom

The new shop is designed for making planed structural sawn timber with preset parameters for a specific buyer. The investment value was 63 million rubles. The production capacity is 30,000 m³ of planed goods per year.

Sveza completed the Novator +52 project

The upgraded production venue will make it possible to increase the annual plywood output at this plant to 200,000 m³. The investment value was 6.5 billion rubles.

Sveza will invest 600 million rubles in its plants in the Kostroma Region

In 2024, Sveza is planning to invest over 600 million rubles in its two plants in the Kostroma Region, which is three times more than its 2023 investments. As reported by the company’s press office, the money will...

A sawn timber production project by Kizirlesprom worth over 3 billion rubles was recognized as a priority project

In March 2023, Yenisey Siberia Development Corporation announced the launch of a major investment project on sawn timber production in the south of the Krasnoyarsk Region. In January 2024, the Ministry of Industry and Trade included this project...

Upak Group is planning to produce packaging in the Krasnodar Region

Upak Group LLC and the Administration of Armavir have signed an investment agreement that stipulates building a packaging materials plant with a total investment value of 580 million rubles and 140 new jobs. The company produces and sells...

Construction of a packaging plant worth 19 billion rubles began in the Moscow Region

L-PAK started building Phase I of the corrugated cardboard and packaging products production plant in the Kashira Special Economic Zone. The investor has already procured the corresponding permit. This was reported by the press office of the Ministry...

Ilim Group completed the construction of a pulp-and-cardboard mill

The construction of a pulp-and-cardboard mill by Ilim Group finished in Ust-Ilimsk, as reported by the State Residential Construction Supervision Authority of the Irkutsk Region that issued a statement of compliance with the facility’s design documentation requirements. The...

A large particleboard production site is planned in the Penza Region

RIA-Invest-Group LLC is planning to implement an investment project on building a woodworking plant in the Kuznetsky District of the Penza Region. During the first phase, the company intends to start up a laminated particleboard production line with...

Tomlesdrev is planning to invest 5.5 billion rubles in plywood production in the Omsk Region

Tomlesdrev (Tomsk Region) intends to build two plywood mills in the northern parts of the neighboring Omsk Region. According to Evgeny Kovtun, Director General at Agency for Development and Investment of the Omsk Region, the total value of...

Rosleskhoz: 11 investment projects on wooden housing construction are being implemented in the Northwestern Federal District

The greatest number of priority investment projects in the forest sector is concentrated in the Northwestern Federal District. Specifically, 11 of them are aimed at producing structures and materials for wooden housing construction, as reported by the press...

Södra invests in AI company

Södra Ädla is a new partner of Nordic Forestry Automation (NFA). The company develops next-generation operator support systems for forest machines based on sensor technology from autonomous vehicles and AI algorithms. The investment is done together with Sveaskog and...