RusLes started production of timber at its facility in Russia

First line of the RusLes project
Photo: Government of the Vologda Oblast

RusLes Ltd commissioned the first phase of the company’s investment project at the site of Cherepovets GRES (power station) in the Vologda region of Russia. The company opened wood processing facility producing dry timber.

Currently, RusLes is considering RUB 300 million (around USD 50 million) second phase of the project, which is expected to set up export-oriented production of different wood-based products, including wooden houses assembly sets, chips and thermal wood.

Earlier Titan Group increased harvest of timber in Russia by 6.9% in January-March 2017

Source: Woodbizforum