15 Mar '11
Multi-industry group Evrodon has announced plans to invest $140m building a pre-made housing factory in Rostov region.
The project is reportedly financed with a loan from state-run Vnesheconombank.
Under plans, the factory is to be located in the town of Shakhty.
The plant’s projected annual capacity is 150,000 square meters of housing.
Construction is scheduled to start in April 2011 and last one year.