Volga | Industry, manufacturing

Nitel invests $2.6m in new gear

29 Jul '08
Nizhny Novgorods electronic equipment manufacturer Nitel is to invest $2.6m in 2008 in new production equipment, up 2.5 times from last years investment, the firm said.

To date the plant has purchased 14 equipment units worth a total of $2.1m from such suppliers as Japans Mitsubishi, Swedens ESAB, Finlands Finpower and others.
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