OREANDA-NEWS. February 11, 2010. Industrialization programme to be fulfilled in Ust-Kamenogorsk. 15 million Euro is to be spent on technical modernization of the Ust-Kamenogorsk reinforcement rod works as part of the state programme for economic industrialisation. The plant’s old equipment is being uninstalled so it can be later replaced with the new ones of high accuracy which for 15 million Euro is allocated. Lathe operator Sergei Malakhov will have to forget about old equipment. Having taken a course of study in Italy, he is to be employed by a new centre. Previously, it took him 76 hours to make a part, the new equipment reduced this time to only 9 hours.

Sergey Malakhov, lathe operator, Ust-Kamenogorsk reinforcement rod works:

- We are to share experience with Italian lathe operators and learn new ideas from them too. I think it will be a good trip. Our plant is growing and moving forward.

The plant is expected to buy over 20 new machinery items including engineering tools, presses and welding lines. The plant has avoided suspension as it has enough orders for this year. The factory is to be operating at full in May this year.