Norvik Timber Industries’ Russia subsidiary Norwood will start second production shift in January 2015 in order to double the production.

“During 2014 the production has been developing favorably and the results have been encouraging. Starting the second shift in January will the next step of the sawmill’s development”, says Aleksander Panyukov, Managing Director of Norwood.

The sawmill will increase production to about 90 000 m3 annually and the production will continue to be sold to ex CIS markets and to Byko-Lat, which is part of the Norvik Timber Industries, for further processing.

“Our commitment to the Russian forest industry is long term regardless of the current political turmoil”, says Sampsa Auvinen, CEO of Norvik Timber Industries.

For additional information please contact:

Aleksander Panyukov, Managing Director, Norwood
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Tel: +7 8212 286205

Sampsa Auvinen, CEO, Norvik Timber Industries
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Tel: +371 2 8631100

 
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