Kaamos Timber to establish a new sawmill in Belarus

Sursa:
Kaamos Timber/Fordaq
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The Estonian wood industry company Kaamos Timber entered into a 15 million € loan agreement with the European Bank for Reconstruction and Development (EBRD) whose support will be used to establish a new sawmill owned by the Estonian company near the city of Mozyr in Belarus. In total it's supposed to be a 25 million € investment and to almost double Kaamos Timber’s existing annual production capacity in the Belarusian wood industry to 450,000 m3. Customers are based in the Baltics, Europe and Asia.

The EBRD has been already cooperating with the company on successfully growing the sawmill in Vitebsk.

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