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Business news, 18.07.2001 12:49

‘Krasnoye Znamya’ knitting mill sells its industrial buildings.

‘Krasnoye Znamya’ knitting mill (Saint-Petersburg) is going to sell its idle industrial buildings for 1,5 million dollars. There are two buildings to be sold – one in Levashovsky prospect, where legwear mill was, and its old mill building in Krasny Kursant street, now there are administration offices and offices to rent. Proceeds will be spent for manufacture development.

(c) 2000