The Russian industrial complex Agrisovgaz plans to build a new hot dip galvanizing (HDG) plant in Russia's Kaluga region, the total investments in which will amount to Ruble 855 million (about $27.85 million), Srednerussky Bank, a subsidiary of Sberbank, said in a statement.
Accordingly, Srednerussky Bank's share in the project will amount to 61.6 percent, with the bank providing an investment loan of Ruble 527 million (about $17.2 million) to Agrisovgaz.