Tag: Republic of Karelia

Karelian Wood Company LLC Becomes Part of Segezha Group

Karelian Wood Company LLC, a logging and wood processing enterprise, has been officially included in the forest industry Segezha Group (part of Sistema JSFC), said Vladimir Vinogradov, member of the Board and Vice President for Strategy and Business...

Almost twice increased tax revenues from the enterprises of timber industry of Karelia in 2018

In 2018, the enterprises of the forest complex of the Republic of Karelia almost doubled tax revenues to the consolidated budget of the Republic of Karelia, they amounted to more than 3.2 billion rubles (222.8 % to the...

512.3 million rubles were invested in the development of wood processing in Karelia

The enterprise of NGO “Fintek” is located in p. Pyaozersky and on the territory of Kostomuksha and is engaged in the implementation of a priority investment project in the field of forest development. Since the beginning of implementation,...

Ministry of industry and trade: Karelia has started a project for the production of logging equipment. The cost of the project is estimated at about 18 billion rubles

According to the Ministry of industry and trade, the company “Amkodor-Onego” acquired an industrial site to further create on its basis the production of modern logging equipment: wheeled harvesters and forwarders. The projected volume of investments under the...

At least 2 billion rubles will be invested in the modernization of the pulp mill in Pitkyaranta

According to the administration of the head of the Republic of Karelia, at the Russian investment forum, which was held from February 14 to February 15, 2019, in Sochi, an agreement was signed that allows not only to...

Payments from the use of forests in Karelia increased by 64 %

In 2018, the budgets of all levels received payments for the use of forests in the amount of 2,032 billion rubles. Of these, the budget of the Republic of Karelia received 894 million rubles, the Federal budget –...