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Construction contract for the Ivanovo textile mill

30. 5. 2013
Riko signed a contract for construction of a textile mill for special fabric production. The project investor is the manufacturing company Ivanovo from Kokhm, Ivanovo Oblast in the Russian Federation. 
Riko will plan the construction of the entire factory and see to the manufacturing and supply of technological equipment. The technological part of the project will be performed by our Slovenian partners and experts, whereas the construction work will be done mainly by our local subcontractors. The value of this project exceeds 100 million EUR and must be finished in two and a half years. A new factory on a new location will enrich the production programme of the existing factory that manufactures linen fabric with production of deficient fabric used for industrial purposes, in the Army, rescue services and fire brigades.