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Production of fuel briquettes

Description

The creation of new jobs and the production of a product that is not widely represented in this region fuel briquettes from forest industry waste with the possibility of recycling secondary wood and wood waste

Publication date: 25.01.2021 Last updated: 22.03.2021

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Production of fuel briquettes

Region

Республика Карелия

Industry

Сельское, лесное хозяйство, охота, рыболовство

Project type

Export of products, New construction / launch of new production, Enhancing efficiency of production / services

Project budget

90,6 mln ₽

detailed project information

Description

About the project

The creation of new jobs and the production of a product that is not widely represented in this region fuel briquettes from forest industry waste with the possibility of recycling secondary wood and wood waste

Description of project services or products

Fuel briquettes for heating boiler houses and private homes

Project company: Sole Proprietor "Uzhlis Eduard Zigmasovich"

Investment indicators

Project budget

90,6 mln ₽

IRR

15,5%

NPV

23,7 mln ₽

Equity share in the project budget

20%

Government support

Karelia Development Corporation, Ministry of Economy of Karelia Local Administration

Compliance with government programs and strategies

Programs for the development and support of the Timber Industry. Priority area of activity — Development of Territories of single-industry towns

Investments in the project

72,5 mln ₽

total investment volume