An electrical metallurgical miniplant will be established in Lithuania
09.11.2009, 14:19
This project will be realized by the commercial credit group Taurus Capital, TESO Engineering Co, Ltd. and SSP Company Limited. That was informed by Gintautas Ramanauskas, the Representative of TESO Engineering in Baltic countries.
"It has occurred to develop such a technology which enables to compete with production cost value of large plants while producing small volumes of production ", - he said.
The specialist has noted that the place for construction of the plant will be located in February 2010, after that erection of the enterprise will be started.
The estimated investment to this project amounts to about 30 million euro.
It is known that Nemunas is one of the largest metallurgical plants in Lithuania, which is a member of Russian mining and metallurgical company Mechel.
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