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Business news, 09.12.2003 17:17

St. Petersburg Lomo invested 14 mln rbl to construct a boiler

St. Petersburg Lomo St. Petersburg Lomo has invested 14 mln rbl to construct a boiler, the company said.

The equipment was acquired under the lease pattern with the loan to be paid off over the nearest 3 years.

To-date, the construction has completed, equipment - put in operation.

Paid-back period is 8 months, annual savings - over 3.6 mln rbl on year.

Energostroi was the contractor.

Lomo is engaged in making optic-mechanic and optic-electronic devises. Export deliveries cover 50% sales of the company.

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