{"id":77017,"date":"2019-02-05T15:30:08","date_gmt":"2019-02-05T15:30:08","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/swiss-krono-invest-new-osb-plant-russia\/"},"modified":"2025-09-19T08:49:49","modified_gmt":"2025-09-19T08:49:49","slug":"swiss-krono-invest-new-osb-plant-russia","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/swiss-krono-invest-new-osb-plant-russia\/","title":{"rendered":"Swiss Krono to invest in a new OSB plant in Russia"},"content":{"rendered":"

Swiss Krono Group, based in Lucerne, Switzerland, increased its consolidated gross revenue by more than 11% to reach CHF 2 billion ($$ 2 billion) in the financial year ended September 30, 2018. This represents more than 7% revenue growth in local currency compared with the previous year.<\/em><\/p>\n

A buoyant construction industry brought more than 18% revenue growth (in local currency) for OSB panels in the Building Materials division (revenue share 32%). The Interiors division (furniture panels, revenue share 27%) also generated, gratifyingly, 11% growth, thanks to the launch of two new chipboard lines in the Group\u2019s Swiss and Russian plants.<\/p>\n

Given the stagnant nature of the global market for laminate flooring, revenues in the Flooring division (revenue share 41%) were more or less unchanged from the previous year. In this challenging market environment, Swiss Krono retained a European market share of around 30%, confirming its position as the world\u2019s largest laminate flooring manufacturer.<\/p>\n

In addition to investment projects that are currently underway or recently completed (including the chipboard plants in Switzerland and Russia, and the HDF plant in the USA), which, together, account for an overall volume of around Euro 550 million, Swiss Krono agreed further substantial growth investments totaling Euro 340 million.<\/p>\n

A key focus of these plans is the targeted increase in OSB capacities, including an OSB plant in Sharya, Russia, which is scheduled to go into operation in 2021, with an annual production volume of 600,000 cubic meters.<\/p>\n

Max von Tippelskirch, Chief Strategy and Communication Officer, explains: \u201cThis investment decision represents a significant acceleration in the Group\u2019s investment activity and underscores its ambitious goals in the Building Materials division.\u201d<\/p>\n

Swiss Krono Group is one of the world's leading manufacturers of engineered wood.<\/p>","protected":false},"excerpt":{"rendered":"

Swiss Krono Group, based in Lucerne, Switzerland, increased its consolidated gross revenue by more than 11% to reach CHF 2 billion ($$ 2 billion) in the financial year ended September 30, 2018. This represents more than 7% revenue growth in … Continue reading →<\/span><\/a><\/p>","protected":false},"author":1,"featured_media":61817,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[4713],"tags":[4036,3311,3625],"class_list":["post-77017","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-companies-in-the-timber-industry","tag-osb-plant","tag-russia","tag-swiss-krono","topic-wood-furniture","topic-wood-based-panels","area-europe"],"acf":[],"yoast_head":"\nSwiss Krono to invest in a new OSB plant in Russia - Timber Industry News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.timberindustrynews.com\/ro\/swiss-krono-invest-new-osb-plant-russia\/\" \/>\n<meta property=\"og:locale\" content=\"ro_RO\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Swiss Krono to invest in a new OSB plant in Russia - Timber Industry News\" \/>\n<meta property=\"og:description\" content=\"Swiss Krono Group, based in Lucerne, Switzerland, increased its consolidated gross revenue by more than 11% to reach CHF 2 billion ($$ 2 billion) in the financial year ended September 30, 2018. 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