Felix, a manufacturer of an office and hotel furniture, will build a factory in the Tver region for over 1 billion rubles. That is about $17 million at a current exchange rate.
As Construction.RU was told by the press office of the regional administration, the production facility will be located in the Toropetskii district.
Construction of the enterprise is carried out within the framework of an investment program initiated by the Tver regional government, as well as a program supporting the development of a small and medium-sized businesses.
About three hundred new jobs are expected to be created at the enterprise, and between 50,000 and 60,000 items will be released per month.
