Tag: investment

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...

Segezha Group launches pellet production facility in Sokol

Segezha Group, a leading Russian vertically integrated holding company in the forest industry performing a full cycle of operations from logging to advanced wood processing, is continuing the construction of a pellet production facility to turn by-products and...

Segezha Group continues the modernization of the Karelian Wood Company, a logging and wood processing enterprise

More than RUB 100 million has already been invested in the plant’s modernisation. Moving forward, the company plans to expand its production capacity and secure further investments to the tune of RUB 350 million. The details of the...

Pfeifer successfully completes the second expansion stage at the CLT plant in Schlitz

The cross laminated timber plant of the Pfeifer Group, which went into operation at the beginning of 2020, is doubling its capacity to 100,000 m³ annually this year as planned. In order to increase the joinery performance and...

Junnikkala to build new sawmill in Finland

Finnish Junnikkala is preparing for a big investment that will launch the construction of a modern sawmill unit in Oulu, Finland. Construction will begin in 2022 and will be finished by the end of 2023. €70 million investment...

Ascona invests 2 billion rubles in the production of goods for IKEA

The enterprise in Dobrograd-1 SEZ in the Vladimir region is scheduled to be put into operation in H2 2022. The new site of Ascona Group will produce mattresses, pillows, and upholstered furniture for the world’s largest furniture retailer,...

Production of furniture blanks to be launched in the Pskov region

Woodline company has got the opportunity to open a new site for the production of furniture blanks in Moglino SEZ. The investment project worth 220 million rubles was approved by the expert council in May 2021. The company...

Huhtamaki to build a second plant in Alabuga SEZ (Tatarstan)

The new plant with a total area of 8,300 m² will produce 211 million egg boxes per year. The investments in the project are estimated at 1.4 billion rubles. The construction of the facility has already begun, the...

A new veneer surfacing-and-jointing line put into operation at Sveza’s mill in St. Petersburg

The value of investments in the project amounted to about 50 million rubles. The new line is capable of “sewing” up to 10,000 m³ of veneer per year, which will increase the annual output of large-sized plywood. The...