TITAN GROUP LOGGING COMPANIES HARVESTED 2,670.19 THOUSAND M³ OF TIMBER IN JANUARY - AUGUST 2019

TITAN GROUP LOGGING COMPANIES HARVESTED 2,670.19 THOUSAND M³ OF TIMBER IN JANUARY - AUGUST 2019

In January – August 2019 the logging companies of Titan Group harvested 2,360.19 thousand m³ of timber³, which is by 739.32 thousand m³ more, than for the same period of the previous year.

For the first eight months of this year the Holding’s contractors, the companies of small and medium business have harvested 310 thousand m³ in the projected felling area, which is by 69% more, than for the same period of the previous year.

Removals in January – August 2019 have amounted to 2,243.78 thousand m³, which is by 323.42 thousand m³ more, than for the same period of the previous year.

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

It was established in 1990.

Titan Group includes 11 logging companies, LLC White Sea Timber Floating Company (timber transportation) as well as 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 3.8 million m3 out of it.

Titan Group provides employment for five 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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