The Indian company “Berger Paints” has chosen to build a paint and varnish manufacturing center for $20 m, with the capacity of 3,000 tons a year in Nevinnomysk industrial park (Stavropol region).
As the Construction.ru was told by the regional press-office, an agreement on cooperation between “Berger Paints” and regional authorities was signed in February 2015. According to it, Indians will build a paint and varnish plant in the region. The terms of construction are 9 months. The total investments volume in project implementation is $20 m. Once construction is completed, 50 high-tech jobs will be created in the workshop premises.