Turkish industrial holding Yildizlar Yatirim plans within five years to build in sobinskiy district, Vladimir region factory on deep processing of wood. The volume of investments into the project will amount to 21.1 billion rubles, the press service of the regional government.

"The concept of the project involves the construction of environmentally friendly production of wood panels, resins and laminated flooring. The company Yildizlar Yatirim plans to implement the project within 5 years and create about 1 thousand jobs. The volume of investments is estimated at 2.1 billion rubles", - stated in the message.

For construction of the plant in the village of Vorsha sobinskiy district, picked up a land area of 130 hectares. "Design and manufacture of high-tech equipment for the enterprise will be made in Germany," - said the press service.

Yildizlar Yatirim holding was founded in 1930, is one of the world's largest manufacturers of wall panels of wood fine fraction. The companies included in the company structure, perform the processing of forestry products, produce chemicals, fertilizers. The holding also operates in such areas as construction and management of shipping.