Urals | Real estate | Finance, business

LSR Group inject $300m into the Urals

15 Apr '08
Construction material producer LSR Group is set to inject $300m into its Urals business network throughout the course of the current year.

The money will be spent on either purchasing a development firm in Ekaterinburg, on founding a new one in the area, or else on bolstering production at the recently acquired Betfor plant.

Besides this the firm could be starting up a brick works and forming a subsidiary that will specialize in the supply of construction materials.
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