. ‘In February-March 2005 we will start the fulfillment of the ‘minor’ investment program’ managing director of Eniseisky pulp and paper enterprise Ilai Akhmetov said.

Eniseisky will fulfill investment program aimed at decreasing the cost price of the enterprise in February-March 2005

Dec 25, 2004. /Lesprom Network/. ‘In February-March 2005 we will start the fulfillment of the ‘minor’ investment program’ managing director of Eniseisky pulp and paper enterprise Ilai Akhmetov said. According to Ilai Akhmetov, Continental Management, the new owner of the enterprise, agreed to the project. The program envisages the decrease of the cost price of Eniseisky. The plan will be fulfilled in 2005. The fulfillment of the plan will require RUR 241 million of investments. The program includes 22 primary steps to completely upgrade the production process. The main aim is to decrease the cost price of the enterprise and reach the required quality level, as well as to optimize the technological processes and pay all the debentures. Besides, the new measures will allow to raise salaries and guarantee regular tax payments. The new program will make Eniseisky a competitive modern enterprise with advanced technologies.