25 апреля 200611:58
Magnesite Group to invest 6 billion RUR in its production development before 2010
Magnesite Group worked up and has been carrying out its own investments program aimed at modernization and development of its operating departments as well as distribution and engineering systems, its source of raw materials, and technological and managerial capacities. According to Magnesite Group PR-department, the holding is going to invest 6bn RUR in development of its subsidiaries under this program before 2010. The total volume of investments within 2006 is to come to 2bn RUR including 1.7 billion to be spent on development of Kombinat Magnesite JSC. Resolving problems of raw materials