Official internet-portal of St. Petersburg, cultural capital of Russia
Petersburg CITY / Guide to St. Petersburg, Russia
Printed from:
Business news, 29.06.2001 15:35

Baltiskiy Zavod to start $450 mln reconstruction program.

The program aims to shorten construction time, decrease labor intensity and increase the company's competitiveness on the world market. The part of the project to be realized this year is the construction of a ship hull processing shop to a value of $25-30 mln. The German Company IMG is the main partner to Baltisky Zavod during the first phase of the reconstruction project.

News source: Delovoy Petersburg

(c) 2000