South West | Industry, manufacturing

Alliance invests $27.5m in brick/food projects

7 Oct '08
Krasnodar-based investment company Alliance has announced $27.5m plans to build a brick plant and a meat processing factory in Krasnodar region.

The company's CEO Natalya Pidan said the $19.3m brick producing plant would be built on a 50-hectare site in the region's Kalininsky district.

The plant's projected annual capacity is 30 million bricks.

The $8.2 meat processing factory would be built in the same district and annually produce 3,500 tons of meat.

Timeframes for projects are yet to be announced.
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