German businessmen intend to invest about 50 million euro in Bashkortostan

German enterprises intend to invest almost 50 million euro in industry RB. The Vice-President of the company “Textima Export” Uve Fleishhouer reported about it to journalists on April 28 after the meeting with the President RB Rustem Khamitov.

“Our delegation has paid a visit to the Ufa knitting factory” – he said – “During the meeting with the President RB we were discussing the prospects of he factory’s development and acquisition of new equipment for it. We were also talking about purchases of equipment for other light industry enterprises RB”.

In particular, German companies intend to start cooperating with the company from Tuimazy “The factory of nonwoven materials”. The matter is the production of technical textile for road-building and for the needs of JSC “GASPROM”. The project is found at the initial stage of progress. The approximate amount of investments is 20-25 million euro. Besides, German business is also interested in JSC “ISKOJ” from the town of Neftekamsk.