OREANDA-NEWS. December 17, 2012. Belarus’ President Alexander Lukashenko has challenged agencies concerned to implement a major upgrade project at OJSC Borisovdrev by early November 2013.

President Lukashenko made a statement to that effect during his tour of Minsk Region on November 30.

OJSC Borisovdrev is currently running an investment project to build a fibreboard manufacturing plant and introduce energy saving technologies. The upgrade worth 80.6 million euros was supposed to have been completed by December 2009. The president wants the project finalized by November 7, 2013.

Established in 1991, OJSC Borisovdrev specializes in producing veneers, matches, furniture, timber and granulated woodchips.

OJSC Borisovdrev aspires to becoming Belarus’ largest producer of fibreboard (60,000 cubic metres a year).