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Tag: investment

Sveza completed the Novator +52 project

18 March 2024 ` 19:23  
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

18 March 2024 ` 19:20  
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

7 February 2024 ` 15:27  
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

17 January 2024 ` 20:10  
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

17 January 2024 ` 20:02  
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

17 January 2024 ` 19:55  
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

27 December 2023 ` 19:04  
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

4 December 2023 ` 17:30  
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

28 September 2023 ` 18:59  
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

18 August 2023 ` 16:40  
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...

L-PACK to invest over 10 billion rubles to build a corrugated cardboard plant in the Moscow region

5 July 2023 ` 15:56  
L-PACK company, with the support of the Moscow Region Development Corporation, will build a production facility in Kashira SEZ; as reported by the Ministry of Investment, Industry and Science of the Moscow Region, the enterprise will comprise a...

Pervaya Mebelnaya Fabrika to open a furniture factory in St. Petersburg worth 1.1 billion rubles

5 July 2023 ` 15:28  
As Kommersant Newspaper reports, Pervaya Mebelnaya Fabrika CJSC will build a production site to design and produce innovative furniture products in St. Petersburg. At the first stage of the project, the company is going to start producing interior,...