MOSCOW, November 10. /TASS/. The Ashinskiy Metallurgical Plant located in the Chelyabinsk Region is continuing to implement a major investment project of building a new rolling mill, Governor of the region Alexey Teksler told TASS in an interview.
"There is a need to prepare for better times during this period. One of examples is the Ashinskiy Metallurgical Plant, which continues the large-scale investment project of new mill construction," Teksler said. The decline in investing activities and construction slowdown resulted in contraction of production output and lower profitability of plants in the metallurgical segment, the governor said.
The region is helping the plant with project execution, Teksler said. "We help, investments are partly financed from the industry development fund," he noted.