Tag: investment

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...

The investment project, the cost of which to 154.5 million rubles, launched in Primorsky Krai

The woodworking company “Zhunda” started production of OSB and plywood. The project was implemented under the agreement on investment activities in the free port of Vladivostok with Far East Development Fund JSC, 8 jobs were created, the number...

700 million rubles will be spent on the development of wooden housing in the Tambov region

As part of the St. Petersburg international economic forum on June 06, 2019, the administration of the Tambov region and Tamak Holding AG (Republic of Austria) signed an agreement of intent to cooperate in the implementation of the...

Sveza will invest about 6 billion rubles in the expansion of production

According to the corporate press service, Sveza is implementing the investment project “Novator +52”, which provides for the construction of a high-tech full-cycle production line in partnership with the Japanese company Hashimoto Denki and will increase the production...

Stora Enso will convert a paper mill in Oulu in the production of packaging

The investment will amount to 350 million euros. As a result of technical re-equipment, the paper machine No. 7 will be transformed into the production of high-quality Kraftliner based on natural fiber, as well as the paper machine...