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Tag: Sveza

Sveza to invest about 400 million rubles in the modernization of its production facility in the Perm region in 2023

30 May 2023 ` 18:08  
As follows from a press release of the company, Sveza will invest 400 million rubles to modernize its plant in the village of Uralsky in 2023. The funds will be used to enhance the environmental safety, to comprehensively...

Russian Timber Journal 02-2023: interview with Yuri Strezhen, CEO at Praktika Group; state support measures for the Russian timber industry affected by the sanctions pressure; China reduced log imports from all the main suppliers in 2022; Vladimir Putin proposed to grant enterprises a deferment on forest area lease payments for unharvested timber; the Government of the Russian Federation increased the maximum amount of compensation for the expenses of timber enterprises for the transportation of their products; in 2022, Russia reduced the volume of logging by 13.5% to 194.6 million m³, according to Roslesinforg; Russian Railways resumed accepting sawn timber for export shipments through Kazakhstan; International Paper reaches agreement to sell ownership interest in Ilim joint venture; Segezha Group may reorient the Segezha West project to new products; the volume of furniture export from Russia dropped by 39% YoY in 2022, down to 29.5 billion rubles; Luzales and Slotex acquire Russian assets of IKEA

Russian Timber Journal 02-2023: Yuri Strezhen, CEO at Praktika Group: “This is a good time to improve the efficiency of both production and administrative processes of enterprises”; support measures mentioned by the business, relevant agencies, regions, the Government...

Sveza to invest 100 million rubles in expanding its production of wood briquettes in 2023

22 February 2023 ` 22:35  
As a press release of the company announces, Sveza Group will invest 100 million rubles in expanding its RUF wood briquettes production facilities in 2023. It is intended to increase the total biofuel output from 18,000 to 29,000...

Alexey Mordashov handed over control of Sveza Group to its top managers

2 December 2022 ` 17:28  
After the Russian billionaire Alexey Mordashov was included in western countries’ sanction lists, he decided to hand over his controlling interest in Sveza Group. The timber company previously owned by Severgroup LLC was transferred to the top management...

Sveza invested over 70 million rubles in upgrading a plant in the Vologda Region

1 November 2022 ` 17:38  
The plant in Novator has invested over 70 million rubles in projects on upgrading the existing production and improving working conditions and safety since the start of 2022, according to Sveza’s press office. This investment is supposed to...

Sveza enhancing GTT certification for its SVEZA Gas plywood and anticipating a spike in sales

30 August 2022 ` 18:11  
French cargo containment technology provider GTT granted official approval to use SVEZA Gas in its new cargo containment system NO96 Super+, making Sveza the first Russian company to have the ‘approved supplier’ status for GTT’s five existing LNG...

Sveza’s plywood mill in St. Petersburg has produced 2,300 tons of fuel briquettes to date

24 August 2022 ` 11:41  
In the period from January to July 2022, Sveza’s plywood mill in St. Petersburg produced 2,331 tons of premium quality RUF wood briquettes. Large retail chains, traders, construction depots, and end users such as bathhouses, saunas, and individuals,...

Sveza’s plywood mills in the Kostroma Region invested in production facilities over 125 million rubles in 1H 2022

9 August 2022 ` 18:03  
The mill in Manturovo has started up a new automated cutting line for making non-standard plywood sizes. The new line has high energy conservation and energy efficiency performance. The total cost of the project is 43 million rubles....