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Industrial Development Report heralds heavy investment in Kstovo.

29 Nov '07
Included in this figure is the private funding by the local enterprises to the value of 36.519 billion rubles, bank credits to the amount of 24.485 billion rubles and other borrowed sums by various companies with an aggregate of 741.6 million rubles.
Against the invested sums the total for shipped goods by companies in the area will go up by 2.1 times on 2006, whilst tax revenue in the budget for Nizhny Novgorod oblast will be 2.13 times greater.
It is estimated that between the 2007-10 period Kstovo will see the erection of 15 new industrial plants and facilities in the sectors of manufacturing, farming, trade and engineering.
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