Mar 31, 2004. /Lesprom Network/. Russian Svetogorsk intends to invest more than $40 million in the paper machine reconstruction, Finmarket news agency reported. The project will be fulfilled by the 1st quarter of 2005. Besides the company started the construction of a plant to produce calcium carbonate (substance used in paper production). The enterprise is to be launched in the 4th quarter of 2004. As Lesprom.ru informed you before, the company also invested into the construction of a dumping site to store hard waste produced by the enterprise and the city of Svetogorsk. The company also intends to undertake a number of steps to boost the enterprise’s production capacity. The investments in these projects are expected to reach $10 million.