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Nizhny Novgorod’s Prima to invest $5m in development
12.07.2010
Nizhny Novgorod-based producer of communication devices for civil and military aviation Prima has announced plans to invest $5m in production expansion.
As a result of investment, the plant’s annual production capacities are to grow by more than seven times by 2014 – from 400 to 3,000 radio devices, the firm said.
Potential customers for plants products are aircraft building plants, such as Kazan Helicopter, Kamov, Rosvertol, Kumertauss Helicopter Plant, Ulan-Ude Aviation Plant and others, as well as aircraft repair companies.
www.marchmontcapital.com
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