Kiev military launch more than 200 shells, destroy house in DonbassWorld October 23, 11:10
Rescuers evacuate 15 people from house hit by gas explosionSociety & Culture October 23, 11:07
Russian health minister says producing vaccines in Nicaragua is "very profitable"Society & Culture October 23, 7:36
Russia, EU should set up strategic planning committee — former foreign ministerRussian Politics & Diplomacy October 23, 6:07
DPR to raise issue of Ukrainian forces’ shellings in DPR’s south — envoyWorld October 23, 5:06
Georgia’s Orthodox patriarch to visit Moscow to mark Russian patriarch’s 70th birthdaySociety & Culture October 23, 4:21
Iraqi forces enter last settlement on northern approaches to Mosul — mediaWorld October 23, 3:56
Azerbaijan’s president says his country will not increase oil outputBusiness & Economy October 23, 3:29
Second round of parliamentary election to be held in Lithuania on SundayWorld October 23, 2:49
VLADIVOSTOK, September 10 (Itar-Tass) —— The construction of a plant for producing high voltage electro-technical equipment by the South Korean company Hyundai has begun in the city of Artem of the Primorsky Territory on Friday.
As ITAR-TASS learnt at the press centre of the administration of the Primorsky Territory, the plant is to be put into operation in September 2012. It will provide Primorye with additional 400 jobs.
“The whole energy complex of Russia today needs modernization and huge investments, including in Primorye,” Russian First Deputy Prime Minister Igor Shchogolev said speaking at the stone-laying ceremony of the new enterprise. “Therefore, it is important for the region’s development that a plant for producing electro-technical equipment will be built here.”
According to Hyundai estimates, as outdated electric supplying systems will be modernized in Russia, the demand for equipment which the plant will produce in Primorye will grow. Its sales in Russia last year amounted to 48.6 million dollars, and the demand for it will grow up to 93.5 million dollars by 2013.
Simultaneously with the beginning of the construction of the plant, a new collage, which will train workers for it, will be opened in Vladivostok.