Cheboksary Power Units Plant

Cheboksary Power Units Plant (ChZSA) has received approval for a RUB 375.1 million concessional loan from the Russian Industrial Development Fund (FRP) to expand production of SILANT brand forklifts and axles. The total project budget is RUB 751.8 million, with capacity of up to 840 forklifts and 1,350 axles per year, creating 360 jobs.