A Turkish investor is going to acquire Volkovysk Plant of Roofing and Construction and Finishing Machines. The state is ready to grant him the right to pay by instalments for 5 years provided that he puts things right at the enterprise within two years.
Currently, the plant is in a pretty bad way and the adoption of measures is highly required to bring it in order. The machine manufacturing company for any construction work – from roofing to laying tiles – has reduced the staff and the production volumes in several tens. From the old facilities there are huge empty areas left – more than 12 hectares.
The Turkish investor expressed the willingness to buy the company. He works partly here now. Right now he occupies only one shop where components for heating equipment are produced. In the market, including Russia, these products are one of the leaders.
Understanding the possible profit and government guarantee, the investor is willing to expand production and pay off the debts of the plant. The district and region administration will support innovation and help the businessman. In turn, the investor promises that a modern high-tech production will appear on the site of the loss-making plant in two years.
According to the materials from information resources