AVIA SOLUTIONS GROUP, AB - Technics Ulyanovsk ZAO (Russia) was granted a residence certificate for operating within the free economic zone in Ulyanovsk

On the 17th of August 2011 FL Technics Ulyanovsk ZAO (Russia) was granted a residence certificate for operating within the free economic zone in Ulyanovsk, Russia. The certificate was presented by the Minister of Economic Development and Trade of Russian Federation Elvira Nabiullina. The contract between the parties had already been signed a week before. According to the contract, the new complex will consist of two 5000 sq. m. and one 6400 sq. m. sections. The first section shall start operating in the beginning of 2014 while the entire construction project is expected to be finalized by 2018.

Source of information: Warsaw Stock Exchange


Aurimas Sanikovas
CFO