Modernisation of large textile producer in Central Russia

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More than RUB1bn (US$15m) will be invested in the modernisation of the Yartsevo Cotton Mill in the Smolensk region Central Russia. The funds will be provided from federal and regional budgets.

The modernisation is planned to be completed by the beginning of 2019. Currently, the Yartsevo plant operates on a full production cycle from fibre processing to the manufacture of finished fabrics.

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