Tag: investment

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...

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

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

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,...

Sveza invested over 70 million rubles in upgrading a plant in the Vologda Region

The plant in Novator has invested over 70 million rubles in projects on upgrading the existing production and improving working conditions and safety since the start of 2022, according to Sveza’s press office. This investment is supposed to...

Sveza’s plywood mills in the Kostroma Region invested in production facilities over 125 million rubles in 1H 2022

The mill in Manturovo has started up a new automated cutting line for making non-standard plywood sizes. The new line has high energy conservation and energy efficiency performance. The total cost of the project is 43 million rubles....