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Tag: investment

Mondi Syktyvkar is planning to invest €300 million in production over the next 3.5 years

2 November 2021 ` 19:20  
This is reported by TASS news agency referencing the company’s CEO Klaus Peller. The upgrading will increase the finished product output by 46% compared to the 2008 performance, while the tax payments will grow by eight times over...

Kama Karton LLC completed investment project implementation in the Perm Region

2 November 2021 ` 19:10  
Kama Karton LLC (part of KAMA Group) completed construction of a plant in Krasnokamsk that will produce bleached chemical and thermomechanical pulp from hardwood timber. The investments in the project reached 3.39 billion rubles; the product output volume...

Oktyabrsky LZK is going to invest over 1 billion rubles to build a sawmill in the Irkutsk Region

29 October 2021 ` 22:33  
The project includes building a new sawmill and additional drying kilns, an electrical substation, approach roads and a wood pellet plant with the capacity of 40,000 t of wood pellets a year. The mill commissioning is scheduled for...

In January-September 2021, Sveza increased plywood production by 8%

29 October 2021 ` 22:11  
Sveza Group summarized the results of the first nine months of 2021. The market grew steadily recovering from the pandemic blows of 2020 allowing Sveza to enjoy increased demand domestically and abroad. From January through September 2021, Sveza...

980 million rubles will be invested in building a timber processing plant in the Tyumen Region

27 October 2021 ` 20:12  
The investment project that includes creating comprehensive value-added wood processing, from timber harvesting to finished product, will be implemented by Evrosibdom LLC in Vinzili village, Tyumen Region. The planned investment value is currently 980 million rubles. At least...

A plant with a full wood processing cycle is being built in the Tyumen Region

24 September 2021 ` 21:32  
The investment project on timber harvesting and wood processing in the Isetsky District is being implemented by TekhnoModel LLC, as reported by the local mass media. By the end of 2021, a wood pellets production line is supposed...

Solomensky Sawmill LLC will increase sawn timber output by 30%

24 September 2021 ` 21:26  
This is reported by the official web portal of Karelia. The investment will reach 2.5 billion rubles. This project is on the list of priority investment projects in the forest sector. It involves upgrading sawmilling assets and increasing...

A big OSB production venue will open in the Krasnoyarsk Region

24 September 2021 ` 19:25  
Angara Les LLC will start producing OSB in Kodinsk, as reported by Interfax Real Estate quoting the company’s Director, Sergey Tarasyuk. 3.1 billion rubles will be invested in this project with the production capacity of 100,000 m³ of...

Igorevsky DOK restored the lamination line

23 September 2021 ` 20:22  
Kronospan invested 226 million rubles in restoring the lamination line at Igorevsky DOK located in the Kholm-Zhirkovsky District of the Smolensk Region. Peter Kindl, the owner of Kronospan Group, had previously declared his intention to invest 1.5 billion...

ULK Group will spend 5 billion rubles to upgrade its harvesting machinery

17 September 2021 ` 19:17  
In July 2021, the Group signed contracts with Scania and Ferronordic — the authorized dealer of Volvo in Russia. 60 Scania log trucks with the hauling volume of 160 m³ and two experimental vehicles for 200 m³ of...

A woodworking enterprise was launched in the Pskov Region

28 July 2021 ` 21:03  
Osko-Invest launched edged boards production in Spasovshchina village in the Pskov region within the first stage. The investment value was 1.5 billion rubles, about 150 jobs were created. The plant had been previously working in a test run...

Murom CJSC officially launched OSB production in the Vladimir Region

27 July 2021 ` 23:11  
Murom started implementing its large investment project in 2018. The total investment value reached 7 billion rubles; the design capacity is 230,000 m³ of product per year. OSB production began at the company as early as in November...