MOSCOW TIME: 25.04.2024 05:22:37

Companies + Economy + Local News

Austrians to launch new facility in Smolensk Region by autumn

Austrians to launch new facility in Smolensk Region by autumn

EGGER is going to launch an MDF plant in the third quarter this year. The implementation of the project was discussed by Governor Alexey Ostrovsky of the Smolensk Region at a meeting held with representatives of the Austrian group.



Austrians to launch new facility in Smolensk Region by autumn


EGGER is going to launch an MDF plant in the third quarter this year. The implementation of the project was discussed by Governor Alexey Ostrovsky of the Smolensk Region at a meeting held with representatives of the Austrian group.


EGGER DREVPRODUKT GAGARIN operates a facility manufacturing and laminating chip board in the Gagarin District. The Ministry of Industry put it on the list of companies that exert considerable influence on industry and trade.


In 2015, the company proceeded to the construction of an MDF plant to become the largest one in Europe. The total amount to be invested will exceed RUB 16 billion. The plant will employ about 200 persons. It will feature a floorings production string, an MDF production press, two laminating lines, an impregnation line and a mini-TPP that will use biofuel. The investor intends to use the newest environment protection equipment.


According to Thomas Laissing, the CFO of EGGER Group, the investors plan to construct a railroad and laminating string in the years to come which will offer even more workplaces.


Share this:

Share this Share this Share this
   

NEWS


04.12.2019 TVEL completes the contract for supply of fuel pellets to India for Tarapur NPP

TVEL JSC has shipped to India the final consignment of uranium  fuel pellets for BWR reactors and thereby fulfilled the relevant contract with the Department of Atomic En...

26.09.2019 Vietnam-Russia Bilateral Ties Deepen, Boost Investment

Russia was one of the first countries to establish diplomatic relations with Vietnam, laying the groundwork for a strong bilateral and economic relationship between the countries.

04.09.2019 Russia’s trade turnover with African states up 17% in 2018

Russia’s trade turnover with the African states increased by more than 17% in 2018 to $20.4 bln. A representative of the Russian Foreign Ministry told TASS that the majority of...

EVENTS


INTERVIEWS


18.04.2018 Pskov State University Increases Its International Student Body Thirty...

Higher education can be a profitable export business, provided the system is built correctly and qua...

FEA Education


03.05.2017 Anna Trubetskaya: "Business should be built on Russians"

About the models of business development in another country and professional secrets is told by a practicing expert on work in international markets Anna Trubetskaya

Our partners