Finentrep

Istrem LLC plans to invest up to RUB 1.2 billion ($20 million) in a new technical textiles plant in the Moglino special economic zone in Russia's Pskov region. The plant will produce technical textiles with polyurethane covering, with a capacity of 1 million square meters per year, and is expected to be commissioned in mid-2018, creating over 100 jobs.

OOO Istrem plans to invest about 350 million rubles in a plant producing technical textiles with polyurethane coating in the Mogilino SEZ, Pskov region. The project is scheduled for 2018-2019 with an annual capacity of about 1 million sq m.