Vorkutaugol to increase investments to 6.7 bln. roubles in 2016

The total volume of investments of JSC “Vorkutaugol”, part of PJSC “Severstal”, will increase by 26% in 2016 against 2015 and make up 6.7 billion roubles. According to the company, main part of the funds, 3.4 billion roubles, will go for capital operations and construction of new joint ventilation shaft. Another 2.5 billion will be spent for equipment of longwalls, technical reequipment of headwork, renewal and replacement of in-mine and conveyor transport.