MORDOVIA CONTINUES TO DEVELOP THE GLASS PRODUCTION SECTOR
On October 23, the Head of the Republic, Artem Zdunov, held a meeting with Vladimir Arutyunov, the founder of Razvitie Glass Company LLC, Glass-Decor LLC and Lisfarm Glass LLC. According to the press service of the Head of the Republic, they discussed issues related to cooperation in the implementation of investment projects.
Currently, the Glass-Decor company is expanding its glass production in Ruzaevka. A new glass container plant is planned to be launched next year. The company has invested 1.5 billion rubles of its own funds into the construction, with the total investment amounting to 3.6 billion rubles.
An investment of 800 million rubles is also being allocated to the existing glass plant located in Ruzaevka. A project is being implemented to repair one of the glass melting furnaces there.
Another important investment project is related to the production of medical glass for the pharmaceutical industry. A new plant with an investment volume of 2.7 billion rubles will be built in the territory of the special economic zone in Saransk.