New foundry plant started in Russia

The first in Russia foundry plant owned by Franko-Style (Moscow) specializing in production of door accessories from non-ferrous metals started in Kurgan. More than 300 mln roubles (USD 10 mln) have been invested in the project to create 200 workplaces.

The plant's first stage has already been completed, 10 thousand square meters will be comissioned in the near future. The manufacture of door accessories is planned to be extended. In addition to that manufacture of steel doors, radiators etc is planned to set up. 600 employees will be working at the plant in 2011, output volume willl grow up to 1.5 bln roubles.