Large cement factory to be built in Karachay-Cherkessia

 

Rashid Temrezov, the head of Karachay-Cherkessia, and Filaret Galchev, a member of the board of directors of Eurocement Group, met in Moscow and discussed construction of a cement factory in Karachay-Cherkessia. The company will have invested 8 billion rubles into the facility by the end of 2016.The factory will product 4 million tons of products a year (10,000 tons of clinker a day). The company got benefits in Karachay-Cherkessia as a large investor. The holding is also completing construction of the largest multi-functional sports and recreation center.The sides expressed readiness to continue supporting partner relations for more efficient cooperation of the region and the company.

 

Rashid Temrezov, the head of Karachay-Cherkessia, and Filaret Galchev, a member of the board of directors of Eurocement Group, met in Moscow and discussed construction of a cement factory in Karachay-Cherkessia. The company will have invested 8 billion rubles into the facility by the end of 2016.

The factory will product 4 million tons of products a year (10,000 tons of clinker a day). The company got benefits in Karachay-Cherkessia as a large investor. The holding is also completing construction of the largest multi-functional sports and recreation center.

The sides expressed readiness to continue supporting partner relations for more efficient cooperation of the region and the company.