VITA OJSC (Kazakhstan) has brought the pressroom of the plant "VITASOY" to planned production capacity

/KASE, January 15, 03/ -VITA OJSC (Almaty), which's bonds are circulating under stock exchange's official "В" listing category, presented KASE information about the fact that on January 15 of 2003 it brought to the planned production capacity the company's pressroom, which will allow to produce 40 tons of vegetable oil made of seeds of different oil plants. The company's pressroom was set in exploitation on January 3 of 2003 within the framework of the project on building the plant on processing of seeds of oil plants "VITASOY" which's total cost is USD7.5 m. Work of this pressroom will allow the company to reduce import of sunflower oil from the Ukraine and Russian and significantly decrease cost of end product. Credit, which is equal to USD7.5, in order to build the plant "VITASOY" has been given to VITA OJSC by Development Bank of Kazakhstan CJSC (Astana) in October of 2002 for seven years (till October of 2009) with two- year preference period. The company's primary activities - production, purchasing, processing and sale of agricultural production; transportation, keeping and processing of oil and other activities. [2003-01-15]