MOSCOW TIME: 16.07.2019 05:18:12

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German and Finish investors start industrial construction near Pskov

German and Finish investors start industrial construction near Pskov

German and Finnish businesses are among the first investors to join Moglino Special Economic Zone. They plan to create facilities that will manufacture equipment, paint and varnish products.



German and Finish investors start industrial construction near Pskov


Two investors of Moglino Special Economic Zone plan to lay foundations for its first industrial enterprises until the end of May, as reported by Sergey Pernikov, a Deputy Governor of the Region, on the 21st of April during a meeting of the Regional Administration's interdepartmental operational headquarters responsible for ensuring the stable social and economic development of the Pskov Region in 2016.


German and Finnish businesses are among the first investors to join the Special Economic Zone. They plan to create facilities that will manufacture equipment, paint and varnish products. The next projects to be implemented by other residents to create plants are expected to start in July and November. "They all are spoiling for a fight and interested in implementing their projects", the Vice Governor emphasized.


Furthermore, Sergey Pernikov noted that another 5 residents are going to join Moglino Special Economic Zone in 2016.



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