In the Vologda region up to 2020 will be more than 600 new jobs

© Depositphotos / xloadВологодский the Kremlin. Archival photoIn the Vologda region up to 2020 will be more than 600 new jobs© Depositphotos / xload

More than six hundred new jobs will be created in large industrial enterprises of the Vologda region until 2020, told RIA Novosti the Governor Oleg Kuvshinnikov.

«Investment projects in the industrial flagships of the region — the company «Severstal» and «FosAgro» will allow to modernize production and create new jobs. So the company «Severstal» involves the construction and reconstruction of capacities of the metallurgical productions. The project should be implemented until 2020. It will further create 523 new jobs, and improve the energy efficiency and environmental friendliness of production,» said Kuvshinnikov.

Another 96 new jobs, according to the head of the region must be created to 3021 year at Cherepovets production site of the group «FosAgro».

«FosAgro» continues implementation of the program of development of mineral fertilizers production and intends to invest heavily in the modernization of the technological chain,» said Kuvshinnikov.

According to the Governor, the total investment for the two projects amounts to almost 100 billion rubles.

«Expanding production of our largest industrial enterprises will allow to increase tax revenues to the budget system of the region. This additional resources on the construction of social facilities and infrastructure development in our region», — said the Governor.
However, he noted that the Vologda government is ready to provide all measures of state support in the framework of the regional investment legislation.