The management of Pridnestrovie's Moldova Steel Works and Brik-Oil-FZE of the United Arab Emirates signed the investment agreement on March 21 in the United Arab Emirates

03/25/15 17:23

The management of Pridnestrovie's Moldova Steel Works and Brik-Oil-FZE of the United Arab Emirates signed the investment agreement on March 21 in the United Arab Emirates

With the raw investment amounting to 140 million USD, the Moldova Steel Works can increase the outputs twice

In front of the Pridnestrovie's President Evgeny Shevchuk and the Pridnestrovie's Deputy Prime Minister on the International Cooperation – the Foreign Minister Nina Shtanski, the management of the Moldova Steel Works – the Director General Talgat Baytaziyev, his deputy Seymour Akhundzada and Brik-Oil-FZE of the United Arab Emirates signed an agreement on the raw material investment amounting to 140 million USD through the representatives of Emirates Islamic Bank in the United Arab Emirates on March 21 of this year.

It is expected that having these means Moldova Steel Works will increase its outputs at least twice in comparison with 2014, the President's Press Office reports.