Albes, a manufacturing group, is to invest 400 million rub ($13 million) in a new industrial complex in the Rostov region.
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Albes' products are well known in Russia and can be purchased in Leroy Merlin stores as of last December. Its products were used in the finishing construction of significant properties in the country, such as international airports Sheremetevo and Vnukovo, Krokus Expo exhibition center, the Temple of Christ the Savior, as well as in the construction of the railroad station in Kazakhstan's capital and in the Belnephtekhim building in Minsk. An expansion of Albes' production capacity suggests a post-crises lift in the Russian building sector.
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