The Dedovichi production facility complex for deep wood processing is an investment project aimed at establishing an integrated closed-cycle manufacturing plant that uses its own raw materials in the village of Dedovichi, Pskov region. The Dedovichi complex provides environmentally friendly waste-free recycling of allocated forest resources with the rapid recovery owing to its own reproductive base. The project is based on the implementation of a model that uses intensive forest management by replacing hardwood with the more valuable softwood. This is aimed at improving species and the qualitative composition of the Pskov regional forest resources. The GS Group investment and industrial holding is the project’s general initiator and investor.