New production for 1.5 billion was launched in Magnitogorsk

New production for 1.5 billion was launched in Magnitogorsk In Magnitogorsk, the MMK-Metiz company launched a new import-substituting enterprise for fasteners and wire. Previously, the share of imports for these goods was up to 50%. A total of 1.5 billion rubles were invested in the opening of the enterprise, of which 500 million was a preferential loan from the Federal Industrial Development Fund. Source: Lord Of War