Source Pravda.Ru

Government Allocates $9.95M To Russian Pipe Manufacturer

The Russian government allocated 300 million rubles (about $9.95 million) for the authorized capital of the Large-Diameter Pipes Producing Factory. This information was reported by Sergey Nosov, General Director of the Nichny Tagil Metal Works. Thus, the state has fully provided its share in the authorized capital of the factory and demonstrated its desire to participate in the Stan-5000 project for the production of large-diameter pipes. Nosov noted that these $9.95 million were not spare money in the Russian budget and their allocation denoted the importance of the project. The press service of the Nichny Tagil Metal Works reported that the three main shareholders of the Large-Diameter Pipes Producing Factory - the Russian Federal Property Fund, the Nichny Tagil Metal Works and Duferco - have already allocated their assets to the authorized capital of the factory. Another shareholder - Gazprom - announced it was going to allocate its share to the authorized capital in the first half of 2002.

Comments
Saudi footballers to be punished for losing World Cup opener to Russia
Russia sends assault ships to counter US aircraft carriers in the Mediterranean Sea
Kim-Trump Summit: A step in the right direction?
Russia sends assault ships to counter US aircraft carriers in the Mediterranean Sea
Eighteen tons of gold leave USA in 2018
What do foreign fans say about Russia during 2018 FIFA World Cup?
Trump-Kim honeymoon in Singapore may open McDonald's in Pyongyang
Euro-Islam: New religion to break migrants in EU
Euro-Islam: New religion to break migrants in EU
Mysteries of history: Greek fire, Damascus steel and beam weapon
Mysteries of history: Greek fire, Damascus steel and beam weapon
Careful with Iceland!!
Taxi cab rams into pedestrians in Moscow
Experts name reasons that led to the crash of the An-148 near Moscow
"Lend a Hand" - Kit to promote the inclusion of migrant and refugee children in schools
Austria shows its 'ugly face' to Islam?
The West persistently pesters former USSR with regime changes and revolutions
Trump officially starts trade war with China
Bombing of Yugoslavia killed Russia's relations with the West
Putin's interview for Austrian television: Tough answers to most provocative questions
The West persistently pesters former USSR with regime changes and revolutions