A factory manufacturing four seasons shoes with a capacity of 10 million pairs per year is planned to be built in Novorossiysk, the city that is Russia’s main port on the Black Sea.
As RIA Novosti reported today by a representative of the Fund for Industry Development, investment in the execution of works at the site reached 738 million rubles. A plot of land with an area of 3.5 hectares has already been allotted for the construction. Currently, there is a large unfinished building.
Upon 9 months, a new building with an area of 7.5 thousand square meters will be constructed there to house a new production. The enterprise’s production of finished products is scheduled for the first quarter of 2018.