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".

KASTAMONU is one of the largest companies in the woodworking industry in Europe.
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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Insaf Galeev
Insaf Galeev

First Deputy Head of TIDA

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