12 July 2008, 10:53
Foreign enterprise in Rostov Region to employ local workers
The managers of the company named AGC Flat Glass Europe, which will build a sheet glass factory in the Rostov Region near the city of Azov, has assured the city administration that it is interested to hire local people to the enterprise.
A spokesman from the Azov administration has informed the "Caucasian Knot" correspondent that the company is ready to send local specialists to Moscow for improving their professional skills. An agreement has been reached with one of Moscow-based higher schools to this end.
The critical decision to implement the investment project of building the sheet glass factory, made by the AGC Flat Glass Europe in favour of the southeast industrial zone of Azov, is the fruit of joint efforts of the Regional Ministries of Economy, Territorial Development, Power, Engineering Infrastructure and Industry, and the Agency of Investment Development of the Rostov Region.
The new glass factory of the Japanese company AGC Flat Glass can become the largest in the south of Russia. Its capacity should make at least 600 tons of sheet glass per day. The potential consumers are the Southern Federal District of the Russian Federation and the neighbouring countries.
The first industrial objects of the factory should appear by 2009. The volume of investments into the project will make about 230-240 million US dollars.
Author: Vera Voloshinova, CK correspondent
