29 Apr '09
German agricultural machinery manufacturer Horsch has announced plans to build a complex to assemble agricultural machines in Lipetsk region.
Investment in the project has yet to be disclosed but is estimated by experts at up to $26.4m.
The assembling complex is reportedly to be located at premises of Ranenbourg Complex in the region’s Chaplygin district.
The complex’s first phase – a 2,000-square-meter workshop – is scheduled to be put into commission by the year end. Further timeframes for the project have yet to be announced.