Rus News Journal

En + Group invests $25 mlrd in the east of Russia

En + Group plans to invest 25 mlrd dollars in projects in the east of Russia, it is told in the company message. The given decision was accepted during two-day conference of administrative structure En + Group and the Group companies the Big future of Eastern Siberia .
Companies En + Group intend to involve in realisation of projects of strategic partners, including from Asia, and to invest in new projects in the east of Russia 25 mlrd dollars In aggregate with investments into an infrastructure of region which are discussed at level of the federal government, our projects will give a powerful impulse for development of economy and increase of a standard of living, will create ten thousand new workplaces and multi-billion deductions in regional budgets - general director En + Group has noted Artem Volynets, whose words are resulted in the message.
Among projects of companies En + Group - end of building of Tajshetsky and Boguchansky aluminium factories, Boguchansky hydroelectric power station ( Rusal ), development of the Chinejsky deposit of polymetallic ores in Transbaikalia and Agaskyrsky medno - molibdenovogo deposits in Khakassia ( Sojuzmetallresurs ).
Besides, in company plans - building of new power stations in the east of Russia ( evrosibenergo ), development of coal deposits in Tuva and in the Irkutsk region (the Tuva mining company and Vostsibugol ) Creation on the basis of Krasnoyarsk metal works of the rolling complex largest in Russia.
now there was historically a unique chance for development of Eastern Siberia and the Far East, connected with growing Asian demand for resources and production which we can extract and make here - has noted A.Volynets.
En + Group - the leading Russian industrial group, unites the companies working in sphere of nonferrous metallurgy and the mining industry, power, and also branches strategically connected with them. En + Group is the supervising shareholder (47,41 %) world`s largest manufacturer of alumina and aluminium OK Rusal owns the largest private Russian power company evrosibenergo the manufacturer largest in Russia ferromolibdena company SMR, considerable coal deposits and logistical business. Others biznesy En + Group include projects on extraction of iron ore, gold, other resources, and also atomic engineering. Key actives En + Group are located in Eastern Siberia, in immediate proximity from the fast-growing Asian markets. Consolidated gain En + Group in 2011. Has made 15,3 mlrd dollars