# SFT Packaging to expand corrugated cardboard production at Kamensk factory

SFT Packaging signed an agreement with the Tver Region government to expand corrugated cardboard production at the Kamensk Paper and Cardboard Factory in Kuvshinovo, with investments over 1 billion rubles and 53 new jobs.

- Type: Expansion
- Announced: 2023-06-15
- Where: Kuvshinovo, Tver Oblast, Russia
- Value: $11.0M (1.00B RUB)
- Jobs: 53
- Status: announced
- Capacity: 20.7 million m² per year
- Products: corrugated cardboard, corrugated packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [SFT Packaging](https://endata.com/companies/70862.md)
- [SFT Group](https://endata.com/companies/4935.md) (investor)

## Sources

- [tverlife.ru](https://tverlife.ru/regional/v-tverskoj-oblasti-rasshirjat-proizvodstvo-gofrokartona/), 2023-06-15: "Подписание соглашения позволит привлечь инвестиции в размере больше 1 млрд рублей, планируется создать 53 новых рабочих места."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.