Former Zenit FC player Kazachenok dies at 64Sport March 27, 1:37
Russian senior MP calls on EU politicians not to hide heads in sand in Syrian settlementRussian Politics & Diplomacy March 26, 18:09
Three Russian fans stabbed after football match in BelgradeSport March 26, 3:28
Russia ready to take part in restoring oil production in Syria - energy ministerBusiness & Economy March 26, 3:27
Moscow disappointed over new US sanctions against Russian companies - Foreign MinistryRussian Politics & Diplomacy March 26, 1:28
US sanctions 8 Russian companies over non-proliferation lawWorld March 25, 21:53
Russia's Defense Ministry says US-led coalition unlikely to launch battle for Raqqa soonRussian Politics & Diplomacy March 25, 19:06
Russia cuts oil production by 185,000 barrels per day as of today — energy ministerBusiness & Economy March 25, 18:30
OPEC has no objections to speed of Russia's oil production cutsBusiness & Economy March 25, 12:38
YELABUGA, Tatarstan republic, September 24. /ITAR-TASS/. Turkey’s Kastamonu has launched a timber processing plant with total investments standing at $600 million in Russia’s Tatarstan republic on Wednesday.
Investments in the launched first stage amounted to $300 million. The facility produces medium density fiberboards and floor coatings with capacities standing at 475,000 cubic meters and 20 million square meters, respectively.
The second stage encompasses launch of chip board production with a capacity of 725,000 cubic meters in 2016. The third stage launch is slated for 2017-2018 and envisages production of 500,000 cubic meters of oriented strand boards per year.
Kastamonu plans to occupy 20% of Russia’s wood board products market, CEO Haluk Yildiz said.