The first loan under a program of subsidized funding for timber enterprises was granted in the Khabarovsk Region

Forpostles is planning to purchase new drying kilns to reduce sawn timber moisture content to 12-15% with the subsidized loan, in order to export its products in the future.

The upgrading is going to cost approximately 40 million rubles, and the company is going to receive 32 million rubles of these for 3 years under concessional terms (at 1% per annum). In 2021, it is planning to launch serial production of dried sawn timber and in 2022, the output volume is going to reach at least 15,000 m³.