Tag: investment

Furniture boards production to open in the Kaluga region

The investment project is being implemented by Lesnoy Soyuz LLC. The enterprise is engaged in timber sawing and planing in the village of Novoslobodsk of the Kaluga region. The Industrial Development Fund (IDF) has approved a loan of...

Sveza’s investment project in the Vologda region included in the priority list

Novator +52 project is included in the list of priority regional investment projects with the provision of tax incentives. It was decided unanimously at the Gubernatorial Investment Council of the Vologda region. The investment project is estimated at...

Greenwood is going to invest 348 million rubles in organizing wood fiber production in the Sverdlovsk Region

A wood processing production site is going to be created in Lesnoy Advanced Development Territory in the Sverdlovsk Region; the investment is estimated at 348 million rubles. The corresponding agreement was signed between Investment Promotion Agency of the...

Vologdaleskhoz (Vologda Region) reached its design capacity

Wood processing capacities to produce 30,000 m3 of sawn timber and moldings have been created at the production site of Totma Forestry Enterprise The project’s investment value was 340 million rubles. A boiler house with 3MW capacity consuming...

Sveza Verhnaya Sinyachiha is upgrading production capacities

The plant is implementing several projects at once within an investment program. The value of investment in upgrading production capacities and improving work conditions will exceed 50 million rubles in Q3 2020. A new German-made drum chipper has...

VMG opened one of the largest particle board factories in Europe

In September 2020, a record breaking greenfield investment in Lithuania has been presented in Akmenė – “Vakarų medienos grupė” officially opened one of the largest particle board factories in Europe, with the investment reaching a total of EUR...

Unilin invests 11 million euros in its Vielsalm site

In order to meet the steadily increasing demand for high-quality laminate floors, Unilin wants to increase production capacity at the Belgian plant in Vielsalm. The € 11 million investment is intended to sustainably secure the location and also...

GS Group announced its plans to invest up to half a billion rubles in the production of packaging from cast paper pulp at First Cardboard Factory

GS Group announced its plans to invest up to half a billion rubles in the development of production of packaging from cast paper pulp at First Cardboard Factory (part of Technopolis GS Innovation Cluster, the town of Gusev,...

SCA intends to invest in pulp production and initiates consultations to discontinue publication paper

SCA intends to invest SEK 1,45bn (US $165 million) in the production of chemically pre-treated thermo-mechanical pulp (CTMP) at the Ortviken paper mill in Sundsvall. In parallel, SCA is initiating consultations with trade unions and employee representatives to discontinue...

Setra to invest in new planning mill in Hasselfors, Sweden

Setra is expanding its range of construction timber with a major investment in new planed products. Production will soon begin at the new planing mill in Hasselfors, Sweden. “Wood is the building material of the future and we...

The Ulyanovsk Region and Arkhbum JSC signed an investment agreement

On July 9, 2020, an agreement was signed between the region and Arkhbum JSC on the implementation of the investment project at the Representational Office of the Ulyanovsk Region in Moscow. The document was signed by Sergey Morozov,...

In the first half of 2019, investments in the modernization of Sveza in Uralskiy exceeded 1.1 billion rubles

For the last 6 months at the plant they carried out replacement of the equipment on conveyors of production on giving of raw materials, automated processes on loading of raw materials and packages on plywood production, replaced part...