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New plant put into operation in Dagestan

26 November 2016 15:11 Posted in:  BUSINESS
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Makhachkala, November 25, 2016. On Friday, November 25, the solemn ceremony of putting the plant for the production of steel structures into operation, built by Turkish company "Caspian Almar" JSC took place in Novolaksky district of Dagestan.

The production area of the enterprise makes 5 thousand square meters, the administrative office - 1000 square meters and the total area of the territory is 3.5 hectares. It is worth noting that the raw materials for the production are purchased from the leading Russian steel producers.

"The project investments volume totals more than 360 million rubles. Additional investments will be made in the process of project realization. The anticipated volume of tax incomes to the republican budget will make about 14 million rubles per year. The project implementation implies creation of approx. 75 new jobs, and the average salary of employees will exceed 25 thousand rubles" - the deputy Chairman of the Government Ramazan Aliyev said.

Aliyev also informed the participants of the solemn event that the scope of activity of the plant covers the production of steel and metal structures, necessary for the construction of houses, industrial and sports facilities, roads, tunnels, bridges, ports and marine facilities.

"God willing, the plant will benefit Dagestan and Turkey. Soon, the second stage of our joint project will be launched" - said Director General of "Caspian Almar" Yavuz Alaybeyoglu confessed.

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