According to reports, the Russian steel plant MMK planned to invest 2.5 billion rubles. In the construction of a new plant, mainly for the improvement of automobile tires and other technical purposes.
The construction was expected to generate 250 jobs and produce 35,000 tonnes of high value-added products each year.
The products were mainly exported to Russia and Europe. It was clear that thanks to the concerted efforts of all parties, the volume of investments could be reduced.
MMK's industrial park has all the necessary engineering and transport infrastructure. The company has been accredited by the Russian Ministry of Industry and Trade and will allow investors to enjoy preferential taxation.
MMK to build a new steel cord production plant
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