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Iida Group takes over 75% in Russia Forest Products

Processing plant in Amursk to be extended at a cost of roughly RUB10bn

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Published in issue 51/2021
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The Japanese construction group Iida Group Holdings Co., Ltd. of Tokyo is taking over 75% of the shares in the Russian forest and wood group Russia Forest Products (RFP) Ltd. of Amursk, Khabarovsk oblast, for ¥60bn, roughly equivalent to US$529m or €467m. The acquisition of the share package was approved by the ...

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forest industry
Sawnwood
plywood
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pre-fabricated construction
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