OREANDA-NEWS. March 10, 2009. For this purpose the company is planning to increase its authorized capital by placing additional ordinary shares and by borrowing money.

The placement of the shares is supposed to give the company almost 780.9mln RUR.

For the moment, the authorized capital of Kaluga Turbine Plant totals 675,000 RUR.

In 2009–2012 the company is planning to reconstruct its production and to buy equipment in Italy, Germany, Sweden and Switzerland.

By 2012 the company is going to increase its output by 100%.