June 25, 2014
Kronospan plans huge investments in Belarus
The Austrian company Kronospan will channel at least $350 million into the establishment of new manufacturing facilities in Belarus by 2016, according to the Belarusian media. From 2011-214, Kronospan already invested US$ 600 million into the establishment of new manufacturing facilities in Belarus. Of the total as much as $400 million was spent on the project in Smorgon and $200 million on the project in Mogilev. The company plans to invest an additional $350-400 million by the end of 2015, meaning that Kronospan's investment program will expand by 3 ...
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