French investors pump EUR8 million in kaolin plant A new plant designed to enrich kaolin or porcelain clay has been built in the Vinnitsa region at the expense of French investors. Of eight million euros invested in the enterprise, EUR2 million were allocated by the State Bank of France. Reportedly, 30 jobs have been created at the kaolin plant. Today France is one of the top five investors financing the economy of the Vinnitsa oblast. According to Western analysts, however, the latest French statistics have been awful. An income tax came in at EUR10 billion less than last year, despite painful and unpopular tax increases. Growth was 0% in the last trimester and France’s promise to the European Union to bring the annual deficit to 4% was officially broken. Incidentally, the news and investor relations agency Ukrainian Times is ready to help investors find promising partners in any industry in Ukraine. In particular, the country has viable investment projects in the sphere of high technologies, nanotechnologies and the pharmaceutical industry. To give an order for a search for a partner, email [email protected]. The agency has been established on the basis of the English-language business publication Ukrainian Times, which was founded by Vladimir V. Sytin and Svetlana Sytina in Kiev in 1993.
Posted on: Wed, 03 Sep 2014 08:06:42 +0000
Trending Topics
Recently Viewed Topics
© 2015