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Intesso to build LED systems plant in Rostov

Novocherkassy developer and manufacturer of lighting equipment Intesso plans to build and begin operating a plant for LED systems in the October district of the Rostov region, next to its already existing production platform. According to the strategic development director of Intesso Vitaly Plitenko, at this time the company is ready to build two production facilities of 1,500 and 800 square meters, with the production capacity of 10-12 thousand units per month. Before the end of the year the company plans to address the issue of land acquisition. The amount of investment will be about USD3 million of equity and debt. 

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