KASTAMONU Increased Production Output

04 february 2018

In 2017, KASTAMONU increased production at the plant in the Republic of Tatarstan (Alabuga SEZ). The production of wood boards and laminate increased by 30% compared to the indicators of 2016. This was achieved due to the launch of the second stage of the MDF production, which took place in 2016.

To date, the designed capacity of the enterprise exceeds 1 million m³ of MDF boards and 35 million m² of laminate per year. Featuring such indicators, KASTAMONU is the largest producer of MDF/HDF boards not only in Russia, but also in Europe, with production facilities located under one roof.

"Good quality of boards, successful location of the plant and balanced pricing policy have brought their results," said Ali Kılıç, General Director of KASTAMONU in Russia. "Today, the company's products have gained strong positions not only in the Russian market: more than 40% are exported to dozens of European countries (including the EU) and Asia. We plan to further strengthen our positions in the domestic and foreign markets. In 2018, we plan to increase the production output by another 13%."

The total volume of investments of KASTAMONU in the construction of two stages of the plant amounted to € 400 million (€ 270 million - for the first stage, € 130 million - for the second stage). According to this indicator, the company is the second resident of the Alabuga SEZ by the total volume of investments, and the largest Turkish investor in Tatarstan. More than 800 new workplaces were created directly in production, and more than 2,500 in related and service industries.