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In 2006-2008 about USD120 million will be invested in modernization of two Russian plants acquired by the company in the beginning of 2005. In particular, at “Samara Metallurgical Plant” a new production line costing USD45 million will be installed. Before that “Alcoa Russia” had already invested in said project about USD80 million (on top of  USD257 million for acquisition of the plants).
   

   
   

 
“Alcoa” (USA) – more than USD200 million for modernization of two plants for aluminum cans manufacturing in Russia

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"Gorodissky & Partners"
B. Spasskaya Str., 25, bldg 3, Moscow 129090, Russia
Phone: 7 (495) 937 6116 / 6109 Fax: 7 (495) 937 6104 / 6123
E-mail: pat@gorodissky.ru, http://www.gorodissky.com