Sveza has completed the acquisition of the Tyumen Plywood Mill group. The deal was approved by the Russian Federal Anti-Monopoly Service (FAS).

The Tyumen Plywood Mill is one of the most modern wood-processing and plywood production enterprises in Russia. The mill produces about 92 thousand cubic meters of plywood every year. Its main production facilities commenced operation in 2008. The mill specializes in the production of large-sized plywood. Its product range includes plywood of 16 different sizes.

“The purchase of the Tyumen Plywood Mill is yet another step in implementation of SVEZA’s strategy to increase production capacity including by means of expanding the portfolio of assets with a high growth potential,” says Anatoly Frishman, SVEZA’s CEO. “We are planning to gradually integrate this business into our company’s structure by unifying best practices that we and the purchased asset possess. We believe the annual production capacity of the Tyumen mill can be increased up to 120 thousand cubic meters.”

Denis Trufakin has been appointed the director of the Tyumen Plywood Mill. Since 2007, he has worked at SVEZA Verkhnyaya Sinyachikha mill in the areas of process/quality engineering, maintenance, production management & planning, and investments.

SVEZA is a modern, fast-growing group of companies. The production plan of SVEZA envisages manufacturing over 1.15 million cubic meters of birch plywood in 2018.