4. Russian Continental Management will invest $1 million in the supplies of new equipment for Predvidinsky timber enterprise (Krasnoyarsk region), deputy-governor Andrei Gnezdilov announced.

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Russian Continental Management to invest $1 million in the new equipment for Predvidinsky

Oct 01, 2004. /Lesprom Network/. Russian Continental Management will invest $1 million in the supplies of new equipment for Predvidinsky timber enterprise (Krasnoyarsk region), deputy-governor Andrei Gnezdilov announced. According to Andrei Gnezdilov, Continental Management launched the program of new equipment acquisition worth $1 million. Andrei Gnezdilov said that the enterprise will soon get rid of non-profile assets and belongings, while the social sphere enterprises previously owned by Predvidinsky will be transferred under the control of the local government. However Continental Management spokesperson would not confirm the existence of the following program.