Siberia | Industry, manufacturing

KZK has received $160m investment

9 Apr '08
the Krasnoyarsk combine factory (KZK, part of Traktorny Zavody) will have received $160m investment prior to it starting activity in the final quarter 2008, it was revealed in a statement made by MD of Traktorny Zavody, Mikhail Volotov.

Tax paid to local government by the Nazarov subsidiary will come to a not insubstantial $4.84m / year.

Krasnoyarsk Governor Alexander Khloponin has already tied up all loose ends concerning the agreement with KZK.
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