Tag: investment

More than 300 million rubles will be invested in a woodworking facility in the Kostroma Region

Forest Group LLC (Galich) will invest more than 330 million rubles in production development. This project was supported by the regional investment board. In May 2022, the company shared its plans of building another administrative and amenity building,...

Kazakh investor is planning to start producing OSB in Russia

Mega Smart, a producer of furniture from particleboard and MDF from Kazakhstan, intends to build an OSB production plant in Bashkortostan, Rustam Muratov, First Deputy Prime Minister of the Bashkiria Government, declared. According to him, the new enterprise’s...

Sber to finance construction of unique low-grade wood processing plant by lending RUB 2.8 billion

Sber will finance the construction of a unique timber processing plant in Pskov Region, Russia, by providing RUB 2.8 billion. Production waste will be used to make compressed wooden blocks for pallets, with low-grade wood accounting for 100%...

In 2022, Pulp Mill Holding will invest 4.5 billion rubles in Arkhbum

Upgrading and growing the existing processing facilities, as well as expanding the production infrastructure will affect all four company’s venues. The value of these investment projects in 2022 will reach 1.802 billion rubles for Podolsk branch of Arkhbum,...

Solikamskbumprom will install a paper packaging line for 500 million rubles

Solikamskbumprom is getting ready to install a process line for transporting and packaging paper rolls. The new equipment will be supplied by Pesmel (Finland). Investments in the project will reach 500 million rubles. Commissioning is scheduled for May...

EcoBioTech will build a plant making veneer tableware in the Yaroslavl Region

EcoBioTech LLC is planning to start producing disposable tableware from veneer in the Danilovsky District in 2022. The investment value will reach 190 million rubles. The company is supported by the Development Corporation of the Yaroslavl Region. The...

Pulp Mill Holding will build the second corrugated cardboard plant for Arkhbum in Voronezh

Pulp Mill Holding procured an official permit from regional authorities to locate a new Arkhbum production venue in Maslovsky Industrial Park in Voronezh. The Group intends to build a plant with the capacity of 188 million m² of...

The Vladimir Region is planning to invest 15 billion rubles in producing cardboard goods

UK Nikol-Pack is planning to open a cardboard product plant in the Gorokhovetsky District of the Vladimir Region in 2025, investing approximately 15 billion rubles. The design capacity of the new plant is supposed to reach 150,000 tons...

A new OSB production facility costing 340 million rubles will open in the Tomsk Region

Sibboard LLC will invest 340 million rubles in OSB production in the Seversk Priority Social and Economic Development Area (Tomsk Region). Aspen and birch will account for 90% of wood in the product. 44 jobs are supposed to...

54.8 million rubles will be invested in upgrading a woodworking enterprise in Karelia

Krona LLC will receive a loan under Timber Industry Projects federal and regional program. The enterprise will upgrade a timber processing plant to increase the volume of sawn timber output – lining, timber, strips and planks – and...

VLP Group is planning to build a new sawmill for 3 billion rubles

Alexander Churkin, Chair of the Board of Directors at Vologodskiye Lesopromyshlenniki Group, declared that the Group was planning to invest 3 billion rubles in building a new sawmill in Kharovsk (Vologda Region) at a press conference devoted to...

Egger will invest €300 million in upgrading its plant in the Ivanovo Region

The Austrian group will invest €300 million in upgrading its Russian production site in Shuya that has been in operation since 2006. The investment project is supposed to be completed in 2024, creating 100 new jobs at the...