This text is translated into Russian by google automatic human level neural machine.
EastRussia is not responsible for any mistakes in the translated text. Sorry for the inconvinience.
Please refer to the text in Russian as a source.
On the basis of JV Arkaim there will be a large wood processing holding
In the Khabarovsk Territory, a plan is being implemented to rehabilitate the Arkaim JV, an investor has been found. According to the press service of the regional administration, it is planned that by the end of the first quarter of 2015, the debts of "Arkaim" will be paid off and on its basis there will be the largest Far Eastern wood processing
“After signing an agreement with an investor at the level of the Government of the Russian Federation, the enterprise will be withdrawn from the bankruptcy procedure. The financial injections of the investment company will allow Arkaim to independently repay the loan taken from VTB Bank under the guarantees of the Krai Government in due time. The investor will act as a guarantor of normalization of work and further development of production. It is planned to increase the volume of production in the second quarter of 2015, ”said Deputy Prime Minister and Minister of Natural Resources Vasily Shikhalev.
According to him, today the enterprise does not work at full capacity in one shift. The production of certain types of products continues. The situation with "Arkaim" is under the control of regional and federal authorities. On behalf of the Governor, a special commission for the financial recovery of the enterprise was created in the Government of the Khabarovsk Territory, which is headed by the First Deputy Prime Minister for Economic Affairs Alexander Levintal.