Russia: Pavlovsk Nerud’s productivity upgrade

Russia’s Pavlovsk Nerud, a unit of National Non-Metallic Company, the largest producer of crushed stone in Europe, plans to invest €16.95 million (RUB 800 million)in upgrading and improving productivity. In Q1 2014, its net loss totalled more than €5.63 million (RUB 270 million) against a profit of €5.57 million (RUB 267 million) in Q1 2013.