Baltkat, a resident of the special economic zone in Ozersk, will be producing oxygen-free copper wire rod.
Investments in the project totaled 90.8 million rubles.
Annual output is estimated at 5 thousand tons.
In 2018 the company was the first in Russia to receive a Fund of Industry Development loan of 56 million rubles.
The loan has been provided for 5 years with the interest rate of 1%. (Ukrainian metal)