Urals | Industry, manufacturing

NTMK's 20008 investment to hit $469m

3 Oct '08
By the end of 2008 metallurgic factory NTMK's overall investment in development will have reached $469m, sources in NTMK reported earlier today.

The Ural company's managing principal Alexey Kushnarev said the planned investment would primarily fund construction of the factory's second converter shop.

When completed, NTMK's productivity is expected to rise to 7.5 million tons of products per year, said Mr. Kushnarev.
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