Tag: investments

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

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

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

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...

Recycled cardboard plant to open in the Khabarovsk region

Installation of a cardboard line with the capacity of 2,000 tons per month has already been completed; it is planned to produce cardboard with a density of 340-540 g for technical purposes from paper waste. At the initial...

Structure of investment in the Russian forest-industry sector in 2019

Starting from 2017, investments in the logging industry have been declining for the third year in a row. In 2019, the decline was 12% (yoy). up to 13.47 billion rubles. If in the year of 2018 logging companies...

Vyatsky Plywood Mill commissioned a new wood waste briquetting site

The investments amounted to about 40 million rubles. After reaching the design parameters, the capacity of the briquetting site on the basis of two RUF-600 presses will become 18 tons of wood briquettes from birch chips per day....

TechnoModel LLC realizes in the Tyumen region the large-scale investment project on processing about 300 thousand cubic meters of wood annually

This was reported in a press release of the Department of forestry of the Tyumen region. According to the General Director of the company Marat Shakurov, “the project involves the creation of a modern timber enterprise with an...

Sudima together with KGK plan to launch a project to create a timber processing complex in Primorye and Transbaikalia

The Singapore company Sudima together with the Indian partner KGK plans to launch a project to create a timber processing complex in Primorye and Transbaikalia. According to preliminary calculations, the volume of investments may exceed $200 million. The...

The project of construction of a new line for the production of thermomechanical mass of Volga JSC is included in the list of priorities in the field of forest development

By the order of the Ministry of industry and trade of the Russian Federation (№ 2317 of June 28, 2019) the investment project of JSC “Volga” in the field of forest development “Construction of the second line for...

The wood-based materials manufacturer Egger Group recorded sales of EUR 2.84 billion and adjusted EBITDA of EUR 425.0 million

Egger Group Management is satisfied with the sales of EUR 2,841.5 million achieved in the 2018/2019 financial year (+5.6% compared to the previous year) and the adjusted operating result (EBITDA) of EUR 425.0 million (-4.7% compared to the...

Belarus invests €21 million in the creation of a new sawmill and pellet production

Investors plan to complete the project by 2022. This was reported in the economic Department of the Bobruisk City Executive Committee. BR-Wood LLC will implement the project in Bobruisk. 26 real estate objects which are in property of...

Shalakushales LLC invested about 15 million rubles in the construction of the railway line and loading platforms

In June 2019, Shalakushales LLC (Nyandom district, part of the Titan Group of companies) started the construction of a railway line and loading areas with a coating of reinforced concrete slabs located along the branch, with a length...