Kronospan to allocate about RUB 60 bn to construct wood processing factories near Kaluga


25 November 2021
TASS

Kronospan Group, Austria, is planning a phased investment of up to RUB 60 bn to construct wood processing factories in the Lyudinovsky District of the Kaluga Region, Kaluga Special Economic Zone (SEZ). The facility for the production of particle panels, base paper and bonds will create about 400 jobs, Semyon Fedotov, the Region’s Deputy Minister of Economic Development, told TASS in Moscow on the sidelines of the regional investment briefing held by the American Chamber of Commerce in Russia.