The Finnish UPM will invest €50 million in the development of the plywood factory in the town of Chudovo, Novgorod Region. This will create about 100 new jobs, as reported on Tuesday by the regional government’s press service.
SC Johnson, the US manufacturer of Mr. Muscle, Utenok detergents and other household chemicals, will open its first factory in Russia. According to Evgeny Bogdanov, Head of Economic Development Department of Novgorod Region Government, the company decided to locate its factory in Novgorod Region.
Representatives of the largest Chinese industrial glass producer have considered the project to develop a core business plant in the Novgorod Region. Today, correspondents of TASS were informed thereof by the regional vice governor, Mr. Anton Zemlyak.
On Thursday, at the St. Petersburg International Economic Forum, Andrey Nikitin, Governor of the Novgorod Region, and Pekka Viljakainen, Chairman of the Board of Directors of Aii Capital (Finland),
An investor intends investing USD 60 m into construction of a trout farm in the Novgorod Region. Mr. Anton Voropaev, CFO with Moscow Office of Aii Corporation Oy of Finland, announced it at one of discussions within the framework of the Golden Autumn Agro Expo.
IKEA of Sweden had launched its furniture production at its largest factory in Russia near Velikiy Novgorod investments into which had amounted to circa RUB 4 bn, the PR function of the Novgorod Region government informed.