11:39 GMT21 January 2021
Listen Live
    Business
    Get short URL
    0 70
    Subscribe

    According to the Ministry of Investment, Industry, and Science of the Moscow Region, the industrial and warehouse complex, with an area of 24,000 square metres, will be commissioned in August-September 2021.

    The foundation stone-laying ceremony for the construction of a new plant of innovative heat-insulating materials of the Italian company K-Flex has taken place in the Moscow region.

    “The Italian company K-Flex has been operating in the Moscow region since 2005. Within 15 years, the manufacturer of thermal insulation has invested about 5 billion rubles in its projects. Thanks to the support of the Moscow Region Ministry of Investment, K-Flex continues to increase its production capacity. Investments in the new plant will amount to 2 billion rubles. 90 people will be provided with jobs”, Ekaterina Zinovyeva, the minister of investment, industry and science of the Moscow Region, stated.

    The plant's products will be exported to Belarus, Ukraine, Kazakhstan, Georgia, Moldova, Kyrgyzstan, Armenia, Azerbaijan, India, and China. Thus, the company will become one of the leaders among manufacturers of technical foam rubber insulation in the Commonwealth of Independent States (CIS).

    Tags:
    factory, investments, plant, Italy, Russia
    Community standardsDiscussion