On June 3, 2021, within the XXIV St. Petersburg International Economic Forum, the Government of the Kaluga Region, the administration of the Borovskiy Municipal District, the Industrial Park Vorsino LLC, the Kaluga Region Development Corporation JSC and the Arkhbum Tissue Group LLC (part of the Pulp Mill Holding Group of Companies) signed an Agreement on the implementation of an investment project for the construction of the second and third lines of a plant for the production of sanitary and tissue paper and products from it.
The Agreement sets the mutual rights and obligations of the parties with the purpose of proper and timely implementation of the project, as well as ensuring a favorable and stable investment environment.
According to Irina Galakhova, Chairman of the Board of Directors of Arkhbum Tissue Group LLC, and Alexander Tufanov, Director of the plant, who signed the Agreement for and on the behalf of investor, the shareholder and the company’s management highly appreciate the activities of the Kaluga Region administration in creating a favorable investment environment in the region: “With the support of the regional administration, we are successful built and launched the first line of Arkhbum Tissue Group, — noted the management of the plant, — now at SPIEF we have presented our investment plans for the future, based on successful experience.”
Irina Galakhova said that the project for the construction of the second and third lines of “Arkhbum Tissue Group” is at the most active stage of implementation. At the end of April 2021, the company and Valmet AB officially signed a contract for the supply of technological equipment for the paper machine no. 2
The total amount of investments in the implementation of the second and third lines of “Arkhbum Tissue Group” will amount to more than 20 billion rubles.
The third line of the plant will increase the capacity of “Arkhbum Tissue Group” up to 210 thousand tons/year. The number of employees will increase by 299 up to 685. The completion date of this project is the end of 2024.
Vladimir Krupchak, Investment Director of Pulp Mill Holding, said that the strategic goal of Arkhbum Tissue Group is to take a leading position in the sale of sanitary and tissue products under the Soffione brand at the Russian market.
Arkhbum Tissue Group LLC (Vorsino industrial park, Kaluga Region) is the largest investment project of Pulp Mill Holding. Its cost is estimated at more than 30 billion rubles.
Currently, the company successfully sells products throughout Russia, in the CIS countries and Europe under its own brand Soffione.
Pulp Mill Holding GmbH is an Austrian company (main office in Vienna) that manages enterprises for the production of pulp, paper, board, packaging, sanitary and tissue products in Eastern Europe.
Established in 2001.
Pulp Mill Holding owns 100% of shares of Arkhangelsk PPM JSC.
The enterprises of the holding employ about 7 000 people in different regions of Russia.