Russia: Mordovcement to invest 1.2bn

Russia: Mordovcement to invest 1.2bn
Published: 06 September 2016

Tagged Under: new quarry Mordovcement Russia 

Head of Eurocement Group, Mikhail Skorokhod, announced that Mordovcement has plans to invest RUB1.2bn (US$18.5m) over the next 18 months in development projects. RUB250m will be allocated to the development of a new quarry, which is set to commence preparation in 2017.