Em-Kat LLC (Saransk) intends to invest 559.8 million rubles in the modernization of the wire rod manufacture.
Of these funds 300 million rubles will be provided as a loan by the Fund of the Industry Development.
Em-Kat plans to construct a new shop and assemble additional lines.
This will help increase output to 15 thousand tons of copper wire rod and 28 thousand tons of aluminum wire rod per year. (Ukrainian metal)