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Ministry of Economic Development Forecast: Russian GDP growth rate: 217 – 0.6%, 2018 – 1.7%, and 2019 – 2.1%. •  Ministry of Economic Development Forecast: In 2019 wood and cellulose processing and production investment volume will not exceed 30% of the 2015 value. •  Ministry of Economic Development Forecast: Average annual investment increase in 2018 - 2019 will stand at 1.3%.
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Murmansk

Murmansk Playwood Factory invests 4 billion RUR. The factory plans to produce 120K m3 of plywood per year. SevLesPil LLC (Republic of Komi) is the production investor. The investor expects to produce first batch of product (large-size birch plywood) in late 2017.