Tag: Plitwood

Dmitry Zachko, CEO at Plitwood: “The domestic demand needs to be incentivized. This will increase the sales of high-quality products within the country.”

On September 22, 2023, Plitwood officially launched a plant producing large-sized plywood with a capacity of 180,000 m³ per year in Vokhtoga, a settlement in the Vologda Region. The investment value reached 12.5 billion rubles. The project was...

Cherepovets Plywood and Furniture Mill and VLP Group have completed a major investment project on building a plywood mill in the Vologda region

On September 22, 2023, Plitwood officially started producing large-sized plywood at a facility with a production area of 45,000 m² in Vokhtoga settlement, Vologda Region, with a capacity of 180,000 m³ per year. As reported in the company’s...

Industrial Development Fund will grant a loan of 490 million rubles to Plitwood

The expert board of the Industrial Development Fund (VEB.RF Group) approved a loan of 490 million rubles for implementing a project on building a birch plywood production plant in the Vologda Region, at the premises of Plitwood joint...

Sber is going to fund construction of a plywood plant in the Vologda Region for 11.9 billion rubles

The Russian bank is going to fund construction of an export-oriented plant producing birch plywood in the Vologda Region at the premises of a joint venture of Plitwood created by Group Vologodskiye Lesopromyshlenniki and Cherepovets Plywood and Furniture...

Russian Timber Journal 08-2019: Russian economy slows down; Rosleskhoz published data on timber harvesting by regions; The Far East is cutting log exports at a record pace

Russian Timber Journal 08-2019: In the 1 H 2019, the growth rate of the Russian economy slowed down; for 5 months 2019, the European Union reduced the volume of wood pellet imports; Rosleskhoz published data on timber harvesting...