KASTAMONU Group Celebrates Its 50th Anniversary
on April 19, 2019 the KASTAMONU group, which includes Europe’s largest wood processing plant located in the Alabuga SEZ (Republic of Tatarstan), celebrates its 50th anniversary.
KASTAMONU was established in 1969 as a part of the HAYAT holding, which has been operating since 1937. The company specializes in the furniture industry and interior decor, as well as satisfies the demand of the construction sector in non-processed and laminated MDF, particleboards, laminate flooring, floor mouldings, fire-retardant MDF and particleboards, water-resistant MDF and particleboards, dyed panels, decorated honey-combed panels, glossy panels, tabletops, and door panels.
The KASTAMONU group, adhering to the development strategic line, continues to open new and expand existing production facilities. Currently, 18 plants of the company are situated in 11 locations in 6 countries. In Turkey, MDF and particleboard production facilities are located in the towns of Kastamonu and Gebze; particleboard production facilities – in Balıkesir, Samsun and Tarsus; MDF production plant – in Adana. In Romania, the company manufactures door panels and particleboards, in Bosnia and Herzegovina – craft-packaging paper, in Bulgaria – particleboards, in Russia – MDF, in Italy – particleboards.
Today the consolidated turnover of the company is more than €1.3 billion. The annual production of wood boards is 5 million m3, laminate flooring – 70 million m2. KASTAMONU enters the top five largest companies in the wood processing industry in Europe and is the largest Turkish investor in the Republic of Tatarstan.
The company started to examine the issue of investments in a wood processing plant in Russia in 2008, when at the Sochi Forum the company representatives turned their attention to the stand of the Republic of Tatarstan. And in March 2010, the project for the construction of a wood processing plant in the Alabuga SEZ was approved by the Supervisory Board of the Alabuga SEZ and in May of that year a solemn ceremony was held to lay the foundation stone of the plant.
The launch of the KASTAMONU wood processing plant in the Republic of Tatarstan was carried out in 2014. Cumulative investments amounted to €450 million. More than 950 new workplaces were created directly in production, and more than 3,000 in related and service industries.
In 2016 KASTAMONU became the leader in the export of laminate among all Russian manufacturers. In the same year, KASTAMONU received the award of the Russian Union of Industrialists and Entrepreneurs as the Best Import Substitution Project.
With the production development KASTAMONU actively cooperates with the industry community, as well as educational, scientific and environmental organizations. The company has repeatedly received awards and appreciation letters from the World Wide Fund for Nature, and in 2016, 2017 and 2018 was the winner of the GoodWood environmental rating initiated by the Forest Stewardship Council.
For five years since the plant launch in Alabuga KASTAMONU has strengthened its status as a reliable partner and responsible employer, developing high-tech production and ensuring the production of high-quality goods demanded by the market. Today the designed capacity of the company exceeds 1 million m³ of MDF boards and 35 million m² of laminate per year. Featuring such indicators, KASTAMONU has become the largest producer of MDF / HDF boards with production located under one roof not only in Russia, but also in Europe.