MOSCOW TIME: 26.04.2024 16:03:11

Turkish businesses to invest RUB billion into Ivanovo Region

Turkish businesses to invest RUB billion into Ivanovo Region

A textile factory is going to appear in Rodniki technology park.



Turkish businesses to invest RUB billion into Ivanovo Region


A textile factory is going to appear in Rodniki technology park.


The former bleaching department of Rodniki-Textile is going to accommodate a factory that will manufacture jersey fabric. The project is being implemented based on Rodniki technology park. Untex-Rodniki, a Turkish company acting as investor, is going to invest RUB 1 billion and eventually create 500 new jobs.


The factory is expected to be launched in autumn. Phase 1 would make 100 to 110 tonnes of products per month. The factory's initial manpower will be 90 persons with their average salaries being RUB 20 to 25 thousand.


Under full load, the factory is going to make 30 tonnes of jersey fabric per day. The factory is expected to reach its design capacity in the 4th quarter of 2017 or 1st quarter of 2018.



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