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A new Russian-Italian company was established in Kamchatka

Experts from the Kamchatka Development Corporation have assessed 4 promising sites for locating the production of the Russian-Italian enterprise KamIT in the Milkovsky District of the Kamchatka Territory. One of these sites was highlighted as the most suitable for the project.

The founding agreement on the establishment of the Russian-Italian woodworking enterprise "Kamchatka-Italy" was signed in 2014. The document was signed by Nikolay Pegin, General Director of the Kamchatka Development Corporation, and Arco Karapetyan, the single manager of CARMAC Group srl (Italy).

The Kamchatka-Italia company (KamIT) will set up a modern production facility for the procurement and deep processing of wood. It is planned that the enterprise will carry out complex processing of round timber, sawlogs and pulpwood, including wood waste. All modern industrial equipment for logging, sawmills, drying facilities, production of elements of wooden housing and plywood will be provided by the Italian side.

The estimated volume of investments in the project is over 2,4 billion rubles.

During the working trip, specialists from the Kamchatka Development Corporation met with the head of the Milkovsky District, Vladimir Voitsekhovsky. The head of the district expressed his readiness to render all possible assistance to the Russian-Italian enterprise "KamIT", including in reducing administrative barriers in setting up production.

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