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Tag: investments

Automatic plywood sorting line installed at Cherepovets Plywood and Furniture Mill

19 October 2021 ` 12:54  
The launch of a new automatic line will reduce the proportion of manual labor by 50% and increase the production efficiency. Investments in the project amounted to about 70 million rubles. Тhe key component of the new sorting...

Sveza will increase fuel wood briquettes output

15 October 2021 ` 19:05  
The company started hiring staff to produce fuel wood briquettes of sawdust at its plant in Novator settlement, Vologda Region. The line commissioning is scheduled for fall 2021. Investments in the new production line will exceed 20 million...

In 1H 2021, “Sveza” increased production volumes by 11%

13 August 2021 ` 17:50  
In 1H 2021, Sveza’s sales volume was 655,000 m³, which was 7% higher than in 1H 2020. During the reporting period, the company produced 662,000 m³ of products, exceeding the figures for the same period last year by...

Smurfit Kappa to invest over 1 billion rubles to expand its production in the Leningrad region

21 June 2021 ` 19:04  
Smurfit Kappa Group will upgrade its sites in Kommunar and Vsevolozhsk. The investments in the project will total over 1 billion rubles of own funds. It is scheduled to start the works in the summer of 2021. Thanks...

Segezha Group increases plywood production capacity

21 June 2021 ` 17:45  
Segezha Group, as part of its plywood production development strategy, is investing in the Vyatsky Plywood Mill capacity expansion project. The company has upgraded existing equipment, and new units have been selected for installation. The design is almost...

Government of the Tver region to allocate 189 million rubles from the regional public funds to support investment projects in the field of value-added wood processing 

16 June 2021 ` 18:47  
The funds are intended to facilitate the development of the timber industry in the region. Starting from 2021, timber enterprises will be provided with soft loans for the purchase of industrial and harvesting equipment and the construction of...

Valmet is a supplier of paper machine for the 2nd line of Arkhbum Tissue Group LLC

15 April 2021 ` 17:38  
The main supplier of the process equipment for the 2nd line of Arkhbum Tissue Group LLC (Vorsino industrial park, Kaluga region, part of Pulp Mill Holding) is Valmet Finland and FIS Impianti Italy is a supplier for the...

Investments in the Russian forest industry decreased by 9.8% in 2020

25 March 2021 ` 19:11  
In 2020, investments in the Russian forest industry decreased by 9.8% YoY to RUB 136.7 billion. Investment in pulp and paper industry decreased by 20.8% YoY to RUB 22.55 bln; investments in forest harvesting fell by 5% YoY...

A new sawmill with a capacity of 75,000 m³ per year put into operation in the Arkhangelsk region

23 March 2021 ` 19:17  
Akvilon LLC is implementing a project for the construction of a timber enterprise in the village of Plesetsk to be completed in two years. The investments will amount to over 450 million rubles of own and borrowed funds....

An investment project in the forest sector completed in the Vologda region

21 December 2020 ` 17:10  
The Ministry of Industry and Trade has declared the priority investment project in the forest sector for the renovation of the production facilities of Kharovsklesprom completed. The investments have totaled 2.38 billion rubles, 181 jobs have been created....

Södra invests in CLT research

16 December 2020 ` 20:12  
The Södra Foundation for Research, Development and Education has decided to grant an additional SEK 8.7 million to 11 research projects linked to forest management and forest industry. The biggest investment in this year’s second round of funding...