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Genborg plans to build an additional workshop to expand production of asynchronous explosion-proof and industrial electric motors, funded by a 710 million ruble credit line from Sberbank. The new capacity is expected to launch in Q2 2017.
“Планируется, что новые производственные мощности будут запущены уже во втором квартале 2017 года.”lipetsknews.ru
Summarized from public sources; check the original articles before acting on it.