Petersburg CITY / Guide to St. Petersburg, Russia / News / City / Valery Serdyukov returns from the U.S. with new investments.

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Printed from: http://petersburgcity.com/news/city/2001/05/24/news270/ City news, 24.05.2001 12:32 Valery Serdyukov returns from the U.S. with new investments. According to the Governor, the administration of Philipp Morris company stated its intention to put a mayonnaise production line into operation at the company's Kraft factory in Gorelovo. American investors are planning to continue the construction of Ford automobile factory in Vsevolozhsk. The first car will come off this factory's conveyor belt this fall already. V. Serdyukov has also met with the administration of the World Bank. The Bank has begun to allocate about 20 million dollars for a pilot project on the development of stable utilization of forest resources in the region.

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