MNP Group to invest RUR 160 million into development in 2008

In 2008, MNP Group plans to invest RUR 160 million into the Group’s development (1.5 times up, year-on-year), the Group’s press center informs. Investment into shipbuilding development will total RUR 80.298 million (against RUR 61.5 million in 2007), machine building – RUR 21.565 million, metallurgical production – RUR 2.07 million, welding engineering – RUR 19 million, repair & energy works – RUR 6.244 million. In March of the current year, the Group will accept the second metal cutting line.