November 27, 2014. Three new projects within the Titanium Valley Special Economic Zone have been approved by the Russia’s Ministry for Economic Development expert committee. The projects are estimated to require 1.8bn RUR worth of investments altogether, Governor of Sverdlovsk Region’s Information Policy Department reports.

The Valley’s new residents Infercom-Ural, AS Group Investment, and Basalt Projects are to work on the following: Construction & Operation of an Eco-Metallurgical Plant (Infercom-Ural), Hi Tech, Energy-Saving Construction Goods Production (AS Group Investment, with energy efficient technologies supplied by AS-Prom), and Construction of Continuous Basalt Fiber Plant (Basalt Projects, with the plant’s capacity at 5,000,000 kg).