Investment agreements of cooperation signed during Days of Dagestan in Austria

Investment agreements of cooperation between Dagestan and “Wintertechnique Engineering” company on realization of investment projects in the territory of the republic have been signed in Austria.

During his meeting with the Management of “Wintertechnique Engineering” Head of Dagestan got to know the production manufactured by the company, in particular, snow cannons and other devices designed for equipment of ski resorts of Northern Caucasus.

The Management of “Wintertechnique Engineering” expressed their readiness in invest up to 30% of their own funds into some of the investment projects meant for realization in the territory of Dagestan, representatives of Press service of Head of Dagestan told the “Caucasian Knot” correspondent.

“This agreement is very important to us for “Wintertechnique Engineering” is a pioneer among the Austrian companies which announced the presence of their business and technologies in the republic”, Head of Dagestan emphasized.

“I hope that after presentation of these investment projects the interest towards the republic in Austrian business circles and among the politicians will increase and then other attractive projects linking our countries will appear”, Magomedov said. – We have much in common: both Austria and Dagestan are developing such industries as tourism, agriculture and building. We have large-scale prospects in the sphere of energy resources development”.