Information on the investment project implementation related to construction of a flax-processing facility, including a flax straw processing plant and a yarn factory (Safonovo District)

Project delivery time: 2018-2020 Total investment in the project amounting to 2 bln. roubles

Social effect – creation of 225 jobs New production facility serves to create competitive domestic products of high-quality focused on import substitution and export.

Cotton flax fiber will be used as raw material for yarn production. RUSSIAN LINEN LTD. is a resident of the Safonovo Industrial Park. In order to implement the project, a land plot of 30 hectares is provided. Design works are currently in progress. Construction is to be started in the third quarter of 2018.