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Companies in the timber industry / Daily News / Wood-based panels / Europe / Global
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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