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15:28 (UTC+5), 22 August 2018

Kumertau plans to produce high-tech oilfield equipment

Galina Bakhshieva
UFA, 22 August 2018. /Bashinform News Agency, Galina Bakhshieva/ translated by Tatiana Aksyutina/. The Vice Prime Minister of the Republican Government - the Minister of Land and Property Relations of Bashkortostan, Evgeny Guriev, discussed with the head of Oilteam LLC Vladimir Lavrov the implementation of an investment project on establishing a high-technology oilfield equipment plant in the city of Kumertau.
The outcome of the meeting was a decision adoption on the development of issues related to the provision of support measures provided by the Regional Leasing Company of Bashkortostan, the Industrial Development Fund and the Nono-Cities Development Fund.
According to the press service of the Ministry of Economic Development of the region, the project provides for the creation of 900 new jobs. The total amount of investments will be about 300 million rubles.
Implement a large-scale project is planned until 2025.
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