NEWS
| 5 June 2001 | 3 new investment projects approved.
On June 5, 2001, at the regular session of the Board of Special Economic Zones and Special Mode of Investment Activity in Donetsk there were approved 3 new investment projects. Open Stock Company "Artyomovsky plant on non-ferrous metals processing" offered the investment project "Creation of the sector on copper refining and flat-shaped and circular ingots molding". The cost of the project - 8,2 mln. USD. The investor is the enterprise "Artyomovsky plant" itself. The investments will be directed mainly to the purchase of equipment facilities and materials and to the construction and installation works. The consumers of the production will be foreign and home companies of electrical and engineering industries. The Board approved the rest two investment projects related to flour production. Closed Open-Stock Company "Donetsk bakery complex #1" - 1,76 mln. USD, Open Joint-Stock Company "Mariupol melcombinat" - 1,13 mln. USD. Both these projects are designed for modernization of the current facilities on flour production. In addition, the Board considered the applications of 3 enterprises, which are already realizing the investment projects, for increasing the sums of investments. |