Vologda’s Governor met with RF Minister of Industry and Trade Denis Manturov.
They exchanged views on export-oriented branches of industry, namely ferrous metallurgy, chemical industry and wood-processing.
Also discussed at the meeting were investment projects that are underway in the Vologda Oblast. These are projects implemented by JSC Severstal, one of the world’s leading steel and steel related mining companies, and PhosAgro, one of the world’s leading producers of phosphate-based fertilizers.
The parties also oversaw the signing of an agreement between the Vologda Oblast and Sveza, producer of high-quality plywood of natural Russian birch, aiming to construct a new sulfate pulp mill in Vologda.
Vologda’s Governor asked Mr. Manturov to include this project into a list of priority investment projects in the woodworking industry, to give preferential treatment to this project and to confer certain tax advantages. The RF Ministry of Industry and Trade supports 16 ongoing investment projects of the region’s timber industry.
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