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Designer wooden furniture will be produced by a TOP resident in Primorye

Designer wooden furniture will be produced by a TOP resident in Primorye

The production of designer furniture made of natural wood will be started by a resident of the Nadezhdinskaya TOR in the Primorsky Territory. Vyacheslav Romanov's Company plans to begin manual assembly of custom-made furniture in 2023.

According to the press service of the Corporation for the Development of the Far East and the Arctic, the company's sales will amount to 2 units of products per year. According to the agreement with KRDV, the volume of initial investment in production is about 400 million rubles. This money will be used to build shop buildings, warehouses and other infrastructure, equipment will also be purchased and the first batch of raw materials will be purchased. Ash and oak timber will be supplied by a logging enterprise located in the Primorsky Territory. The TOP resident will purchase other types of wood and paints and varnishes from Russian suppliers.

According to the head of the enterprise Vyacheslav Romanov, the company will focus on the needs of families with an average income. The complex will start manufacturing and selling dining groups, mirrors, bathroom furniture, beds and other furniture.

The investor notes that significant assistance to the new enterprise will be provided by tax benefits and administrative preferences available to residents of the TOP in the Far East. The most popular of them are obtaining a land plot on a preferential lease, providing the necessary infrastructure, insurance premiums reduced to 7,6% for ten years, zero income and property taxes for the first five years.

The Russian government created the Nadezhdinskaya ASEZ in June 2015 - this is the first priority development area in Primorye. It has 70 residents with projects totaling 57,2 billion rubles and plans to create over 7,3 thousand jobs. At present, investors have invested 14,9 billion rubles in the regional economy.

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