Each issue of PaperMoney is approximately 500 fact filled pages.
Logout
Click here for Pulp & Paper Radio International
Items just for you
New publication added! Advertising Arguments 2015 book
Free Downloads
Search
My Profile
Login
Management Side
Technical Side
Europe's Largest Paper Mill
Print

Vologda, Russia 03 May 2013 -- Russian Sveza Group of Companies, owned by the billionaire Alexei Mordashev, plans to invest up to 60 billion rubles (USD$2 billion) in the building of a paper mill in Russia’s Vologda region, according to governor of the region Oleg Kuvshinnikov.

Oleg Kuvshinnikov comments:

"We have already signed an agreement with the investor. This is a group of companies Sveza, which is owned by Alex Mordashov, head of Severstal, one of the world’s largest steel producers and has already been presented of Russia’s President Vladimir Putin. Total volume of investments is estimated at $2 billion. This is expected to be the larges paper mill in Europe".

Other details of the project are not disclosed.

The implementation of the project is expected to be part of a larger project for the establishment of a closed timber cluster in the Vologda region.



Powered by Bondware
News Publishing Software

The browser you are using is outdated!

You may not be getting all you can out of your browsing experience
and may be open to security risks!

Consider upgrading to the latest version of your browser or choose on below: