Tag: investment

VLP Group and Cherepovets Plywood and Furniture Plant will invest 8.5 billion rubles in expanding a particleboard production site at their joint venture

The capacity of Sheksna Wood-Based Panels Plant will almost triple due to implementation of a new investment project on renovating the particleboard production venue, according to VLP Group’s official VKontakte group. The corresponding Agreement was signed between the...

Ilim Group is planning to implement two investment projects in the Irkutsk Region

The management team of Ilim Group shared its plans of implementing two new investment projects on production upgrading in the region at a working meeting with Igor Kobzev, Governor of the Irkutsk Region. Signing of the agreement between...

Deadlines for implementing a project worth 19 billion rubles by L-PAK in the Moscow Region have been set

L-PAK, a resident of the Kashira Special Economic Zone, is implementing a project on producing corrugated cardboard and packaging products. It is planning to complete the construction of Phase 1 of a production and warehouse complex by the...

An MDF production plant will open in the Moscow Region

Ultradecor LLC continues the construction of an MDF production plant with a capacity of 350,000 m³ per year in Elektrogorsk, as reported by the Main Administration of the State Construction Supervision of the Moscow Region. The construction of...

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...