MOSCOW TIME: 25.04.2024 00:59:54
A new facility whose construction has been ongoing since 2014 is going to be commissioned shortly thanks to efforts made by a Russian-Chinese joint venture company.
Chinese investor to invest RUB 330 million into Ipatovo District factory, Stavropol Territory
A new facility whose construction has been ongoing since 2014 is going to be commissioned shortly thanks to efforts made by a Russian-Chinese joint venture company.
The new facility has already provided 30 local residents with new jobs with another 20 jobs being expected to be offered after the facility reaches its full-steam capacity.
The factory will output 60 million bricks annually. Currently, startup and commissioning operations are under way.
A total of RUB 330 million was invested in the factory. Local authorities and the company's management have discussed plans on expanding the facility and integrating it into the region's construction sector.
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