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SFT Group plans to implement two large investment projects in Adygea

Head of Adygea (Right: second) with the management of SFT Group

At the site of the St. Petersburg International Economic Forum, negotiations were held between the head of the Republis of Adygea Murat Kumpilov and the management of the Russian company SFT Group.

The prospects for the implementation of two investment projects of the SFT Group were discussed: the creation of a production facility for the production of roll cardboard and paper for packaging in the volume of 250 to 300 thousand tons / year and the construction of a plant for the production of corrugated packaging.

The first project is planned to be implemented in Maykop. For this, the territory has already been acquired, a business plan for the project is being developed. It is expected that the volume of investments will be about 15 billion rubles. The enterprise will create up to 120 new jobs.

When considering another project related to the construction of a corrugated board plant, earlier the authorities of Adygea suggested using the site of the industrial park being created in the Takhtamukaysky district. It is planned that a new similar enterprise in the republic will be created as part of the development strategy of the SFT Group until 2030. The volume of investments is about 5 billion rubles. The plant's capacity will be up to 200 million sq. meters of corrugated packaging per year. Up to 280 new jobs will be created there.