Energy-efficient elevators to be produced in Dagestan

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Dagestan plant JSC "Kizlyarsky Electroapparatus Plant" implements an investment project to produce energy-efficient elevators and elevator equipment. According to the regional Ministry of Industry and Trade, it is planned to allocate 347 million rubles for this purpose. According to the business model, the plant will produce electric passenger and cargo-passenger elevators with a capacity of up to 1.6 thousand kg. The project will create more than 100 additional jobs in the enterprise. Besides, the company received funds in the amount of 20 million rubles from the Regional Industry Development Fund to replenish its own working capital.

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