Rusal and ELKA-Cable Group's joint venture Bogoslovsk Cable Factory (BCF) commenced production of aluminium alloy core wire in Bogoslovsk, Russia. The plant, with total investment of ₽765 million ($12 million), will produce 4,400 metric tons per year at full capacity in three years.
RUSAL and ELKA-Cable Company started a joint venture, the Bogolsovsk Cable Factory (BCF), for full-cycle production of cabling and wiring products with aluminium alloy core. Total investment is RUB 765 million, with each partner owning 50%. The facility has 4,400 tonnes of aluminium alloy processing capacity.
UC Rusal entered an agreement with ELKA-Cable to build a jointly-owned cable production facility, Bogoslovsk Cable Plant, at Rusal's Bogoslovsk aluminium smelter site in Sverdlovsk Oblast, Russia. The plant will cost about US$19 million and create around 100 jobs.