TEKHNOPROMEXPORT LOOSES 400 MILLION DOLLARS BECAUSE OF EVACUATION FROM IRAQ

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MOSCOW, April 15 (RIA Novosti) - The losses of the Russian company Tekhnopromexport as a result of evacuation of its employees from Iraq will come up to about 400 million dollars, general director Sergei Molozhavy has told journalists.

"The evacuation decision was taken on Monday. After consultations with the Foreign Ministry, because we are a state company, we have begun evacuation. Our losses are very large - the cost of the power plant building project was 700 million dollars and we have done 400 million-dollar work", the general director said.

He voiced the hope that his employees will return to Iraq in two months.

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