Tag: investment

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

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

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

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%

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

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

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

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

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

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...

Arkhbum JSC will launch the 1st line of a new plant in Ulyanovsk in the beginning of September 2021

The first line of the Ulyanovsk site of Arkhbum JSC will be already launched in the beginning of September this year – all required infrastructure for this has been built, the main equipment is already in operation (5-layer...

Segezha Group begins upgrade of Onega LDK plant in Arkhangelsk region

Segezha Group has begun a full upgrade of equipment at Onega LDK, the Company’s wood-processing asset in Arkhangelsk region. The project will be completed over a period of 2.5 years and will receive investment totaling more than RUB...

A plant in Udmurtia will invest 129.9 million rubles in increasing plywood output

Industrial Development Fund approved a loan of 129.9 million rubles for Orion LLC. The company is going to purchase new equipment and expand its operating plywood and curved parts production under “Leasing” program. The enterprise capacity is going...