Turkish KASTAMONU, investing in Tatarstan, begins exporting to China

Turkish company KASTAMONU, investing in Tatarstan, has shipped to China the first batch of laminate flooring, produced at the plant in the SEZ "Alabuga".

Earlier KASTAMONU began supplying products to the European Union, the Commonwealth of Independent States. The company has European CE quality certificate and FSC environmental certificate, allowing KASTAMONU look with optimism to the markets of the European Union.

Since the launch of the wood processing plant in "Alabuga" more than 7 million m² of laminate flooring TM «Floorpan»was made and shipped to customers. The estimated capacity of the laminate is 20 million sq. m, and in the long term the company must reach these amounts in 2016. Also after the launch of the second stage of the plant at the beginning of 2016 the production capacity of MDF/HDF will exceed 1 million cubic meters per year.

KASTAMONU Vice President Onur Guven said: "Based on the approved development strategy, we continue to not only increase the production of wood-based panels, but also gradually expanding the geography of sales of products in other countries. Now, despite the decline in the Russian market laminate capacity, has developed a very favorable situation for the localized producers in Russia. Suppliers from Europe and China have begun not to compete in terms of price/performance and our products became in high demand abroad Russia. Even such specific market because of the abundance of local manufacturers of the laminate as the Chinese, became available to us. High quality, modern trendy decorations and an attractive price are the basis of consumer demand, and we try to maximally take this factor into consideration".

Earlier, Tatarstan Investment Development Agency Chief Executive Taliya Minullina repeatedly emphasized that the new economic realities create new opportunities, particularly for foreign investors: "The new positive in relations with foreign investors brought the ruble course: land, labor became more accessible. New mechanisms were established, by which would be carried out large investment projects, which means that the economy will get a powerful impulse to development, there will be more jobs. To solve these problems, we use a tool such as Tatarstan Investors’ Club, under which resolve the issues of support for the export opportunities of Tatarstan manufacturers".

For the implementation of direct dialogue and assistance to investors was created Tatarstan Investors’ Club - advisory body under TIDA, which meeting was held in September with the participation of the President of the Republic of Tatarstan Rustam Minnikhanov.

TIDA Press Service, materials of the Press Service of the SEZ "Alabuga" were used