The Ministry of Industry and Trade of Kabardino-Balkaria announced today that three out of 14 industrial projects of the republic may enter the state import-displacement program. They will get 17.5 billion rubles of financial support and were promoted by the Russian Ministry of Industry as priority federal-level investment projects, TASS reports.The projects include the Tyrnyauz wolfram and molybdenum metallurgy complex (worth 14.2 billion rubles, opening of over 1,000 workplaces), modernization of the Telekalmaz drilling and stone-processing facility (worth 400 million rubles, 70 workplaces) and production of vacuum switches, electromagnetic contacts for electric trains and locomotives, transformers of pneumatic and electro-pneumatic devices at the Nalchik High-Volt Equipment Factory.About 1,500 new workplaces will open after realization of the projects.
The Ministry of Industry and Trade of Kabardino-Balkaria announced today that three out of 14 industrial projects of the republic may enter the state import-displacement program. They will get 17.5 billion rubles of financial support and were promoted by the Russian Ministry of Industry as priority federal-level investment projects, TASS reports.
The projects include the Tyrnyauz wolfram and molybdenum metallurgy complex (worth 14.2 billion rubles, opening of over 1,000 workplaces), modernization of the Telekalmaz drilling and stone-processing facility (worth 400 million rubles, 70 workplaces) and production of vacuum switches, electromagnetic contacts for electric trains and locomotives, transformers of pneumatic and electro-pneumatic devices at the Nalchik High-Volt Equipment Factory.
About 1,500 new workplaces will open after realization of the projects.
