Altai Tyre plant to invest 1.3 bln roubles into the expansion of production

“Altai Tyre plant” will invest 1.3 billion roubles into the expansion of production of giant tyres and agricultural vehicle tyres, Interfax reported citing the head of the Altay region for Industry and Energy V.Mesheryakov.

An implementation of the project is planned before 2016. The revenue of the plant goes up by 1 billion roubles a year, according to Mesheryakov.