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Onur Gyuven, vice-president of KASTAMONU
"We have a 5 year experience of implementation of investment projects in the Republic of Tatarstan. And we can state with certainty that this experience is a success".
- March 30, 2010
- Project approval by the Supervisory board of Alabuga Industrial Production Special Economic Zone
- May 5, 2010
- Official ceremony of foundation stone laying
- August 18, 2010
- Execution of an agreement on industrial production activities
- May 31, 2014
- First-run MDF production
- September 24, 2014
- Ribbon-cutting ceremony
- April 23, 2015
- Approval of KASTAMONU application by the Russian Ministry for Economic Development concerning construction of the second phase of the plant (duplication of rated capacity of MDF production)
KASTAMONU company was established in 1969 as the part of HAYAT holding. At the moment KASTAMONU has 8 plants in Turkey, plants in Romania, Bulgaria, Bosnia and Herzegowina, Russia. It’s nearly 4 mln m² of open and 0.9 mln m² of roofed-in production areas. Annual output of wood boars is 4.55 mln m³ , including 2 mln m³ of MDF and 2.55 mln m³ of wood chip board. KASTAMONU is among top 5 wood processing European companies. It specializes in production of MDF wood board, wood chip board, laminate flooring, locking boards and panels. Its annual turnover in 2014 made $1.4 bln.
Wood processing plant construction project in Tatarstan (Alabuga SEZ) is estimated in $600 mln aggregate investments. Estimated project capacity is 1.8 mln m³ of wood chip board per year, thus the plant will be the biggest in this segment both in Russia and in Europe.
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