TITAN GROUP LOGGING COMPANIES HARVESTED OVER 4 MILLION M³ OF TIMBER IN 2019

TITAN GROUP LOGGING COMPANIES HARVESTED OVER 4 MILLION M³ OF TIMBER IN 2019

In December 2019 the companies of Titan Group, the general supplier of pulpwood to JSC “APPM”, harvested 344.5 thousand m³ of timber. Wood removals amounted to 385.9 thousand m³.

In January – December 2019 the Holding logging companies harvested 4,014.2 thousand m³, which is by 1,115.6 thousand m³ more, than for the same period of the previous year.

 

Removals for 12 months in 2019 have amounted to 3,453.2 thousand m³, which is by 562.1 thousand m³ more, than for the same period of the previous year.

In order to increase operational efficiency and reduce production and management costs Titan Group completed reorganization of its logging companies in 2019: all the production assets are accumulated into one holding.

Now Titan Group includes 10 separate subdivisions (Velskoe, Dmitrievskoe, Karpogorskoe, Lukovetskoe, Pinezhskoe, Konoshskoe, Syamzhenskoe, Ust-Poksengskoe, Svetlozerskoe, Shalakushskoe).

Assets merging will provide a comfortable multiservice space for Titan Group partners.

Reference

Titan Group is one of the largest pulpwood operators in the Northwestern Federal District.

It was established in 1990.

The Holding includes two priority directions of activity: harvesting and wood processing (CJSC “Sawmill 25” – the largest sawmill in the European part of Russia).

The projected felling area is 4.5 million m³.

The annual volume of pulpwood supplied to JSC “APPM” and СJSC “Sawmill-25” is over 5.5 million m3, and the own companies harvest about 4 million m3 out of it.

Titan Group provides employment for more than 5 thousand residents of the Arkhangelsk region.

The tax revenues to the budgets of all levels, duties in the extra-budgetary funds exceed 1 billion rubles per annum. 



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