A manufacturing facility for the production of cardboard and paper goods worth RUB 100 million has been constructed on the premises of the Foton industrial park in Dagestan. The investment project is implemented by Kaspiy Cardboard LLC. The company aims to replace the importation of foreign paper and cardboard packaging materials with locally manufactured products.

Furthermore, the company intends to produce packaging materials as well as certain types of kraft paper. This is the second such enterprise in Dagestan, following the opening of a similar facility by Ekotar LLC in Kaspiysk in August 2021 at the cost of RUB 320 million.