World Society Russia Opinion Science Sport Incidents Business
News All >

US company to invest USD 8.33 Million in construction of new plant at Svetogorsk

Russia

US company International Paper signed an investment agreement with the Leningrad region administration yesterday to construct a new plant at Svetogorsk pulp and paper mill. As a Rosbalt correspondent reports, this was announced by Regional Governor Valery Serdiukov yesterday. He said that the American company was investing about USD 8.33 million in the construction of the new plant. Construction is expected to get under way in September 2003 and will be complete by 2005-2006.

The Russian government issued a decree on August 19, 2002, scrapping customs duty on A4 paper. Svetogorsk pulp and paper mill is owned by International Paper.

Subscribe to Pravda.Ru Telegram channel, Facebook, RSS!

Author`s name Editorial Team
Now reading
The Houdini Economy – Companies Crashing, Stocks Soaring & Still Going Great Guise!
Columnists
The Houdini Economy – Companies Crashing, Stocks Soaring & Still Going Great Guise!
Ukraine shells Rylsk in Kursk region, 5 civilians killed
Hotspots and Incidents
Ukraine shells Rylsk in Kursk region, 5 civilians killed Видео 
Popular
Kazan under drone attack: Ukrainian UAVs crash into elite apartment buildings

Russian President Vladimir Putin was informed about Ukraine's drone attack on apartment buildings in Kazan. Putin receives reports from all military leaders twice a day

Ukrainian drones crash into elite residential buildings in Kazan
Olaf Scholz booed as he visits Magdeburg after Christmas market attack
Crowd boos German Chancellor Scholz as he visits Magdeburg after Christmas market attack
The Houdini Economy – Companies Crashing, Stocks Soaring & Still Going Great Guise! Guy Somerset The fall of Damascus Costantino Ceoldo As Damascus falls and Syria disintegrates, Russia and Iran lose most Lyuba Lulko
Last materials
Olaf Scholz booed as he visits Magdeburg after Christmas market attack
Ukrainian drones crash into elite residential buildings in Kazan
Ukraine shells Rylsk in Kursk region, 5 civilians killed
The Houdini Economy – Companies Crashing, Stocks Soaring & Still Going Great Guise!
Russian celebrity killed in Paris
Russia unveils details of latest missile strike on Kyiv
Kyiv wakes up to missile strike as Russian forces hit SBU building
Putin does not mind granting Zelensky political asylum in Russia
British journalist Keir Simmons hastily leaves Q&A conference with Putin
Putin on last three years of his life: 'I hardly ever laugh anymore'
РусскийDeutschFrançaisPortuguese
Advertising Sitemap Archive About Authors
Select spelling error with mouse and press Ctrl+Enter

Copyright © 1999-2024, «PRAVDA.Ru».

When reproducing our materials in whole or in part, hyperlink to PRAVDA.Ru should be made. The opinions and views of the authors do not always coincide with the point of view of PRAVDA.Ru's editors.