icon bookmark-bicon bookmarkicon cameraicon checkicon chevron downicon chevron lefticon chevron righticon chevron upicon closeicon v-compressicon downloadicon editicon v-expandicon fbicon fileicon filtericon flag ruicon full chevron downicon full chevron lefticon full chevron righticon full chevron upicon gpicon insicon mailicon moveicon-musicicon mutedicon nomutedicon okicon v-pauseicon v-playicon searchicon shareicon sign inicon sign upicon stepbackicon stepforicon swipe downicon tagicon tagsicon tgicon trashicon twicon vkicon yticon wticon fm
14 May, 2008 11:51

German building materials firm invests €24 million into Russia

German building materials firm invests €24 million into Russia

Germany’s building materials manufacturer Xella is launching its first production unit in Russia. The company is investing €24 million in the production of its aero concrete on the premises of a concrete plant in the city of Mozhaisk near Moscow

This is in response to skyrocketing demand and prices for building materials.

Moscow is now the biggest real estate market in Europe. Construction has caused a shortage of raw materials supply such as cement.

 

Podcasts
0:00
26:13
0:00
24:57