Major industrial deals prepared between Russia and Turkey.

By bne IntelliNews June 9, 2010
According to the materials prepared prior to the visit of PM Vladimir Putin to Turkey, there are several major industrial deals that might be closed during the visit. Namely, machinery supplier Silovie Mashini (Power Machines) could participate in building ten power blocks at four power stations in Turkey. Also, NLMK is developing an opportunity of building a full-scale metallurgy complex, as well as another metallurgy major MMK that already is working on building a metallurgy complex worth USD 1.7bn that is supposed to be finished by 2013. Overall, it is planned to increase trade turnover between Russia and Turkey to USD 100bn annually (in 2009 it stood at USD 23bn).

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