It is Planned to Establish Production of AMKODOR Forestry Machines in Karelia

At the moment, Memorandum of Understanding has been signed in respect to the implementation of the investment project by the JSC AMKODOR, holding managing company, to establish production of forestry machines in the Republic of Karelia.

Signing of the document was preceded by a business meeting of D. Manturov, Minister of Industry and Trade of the Russian Federation, with A. Parfenchikov, Head of the Republic of Karelia, and A. Shakutin, Chairman of the Board of Directors of the JSC AMKODOR, holding managing company.

AMKODOR and Government of the Russian region consider the possibility to establish the production in the field of machine engineering within the territory of the Republic of Karelia. The investment project involves the construction of a plant manufacturing forestry machines – harvesters and forwarders of the middle and heavy class. It is planned to place the enterprise at the industrial site in Petrozavodsk on the basis of the Onega tractor plant.