A glass-furnace has been launched at a new glass-works in the town of Chegem of the Chegem District of Kabardino-Balkaria. It is working in a test mode but by the mid November it will work at full capacity. The project initiator LVT Ltd spent 1 330 mln. roubles on it. About 900 mln. roubles of the total sum are the credit of "Rosselkhozbank". 610 mln. roubles are spent  on the purchase of the equipment. Annual tax payment will be about 211 mln. roubles.  Annual gross output will be 800 mln. roubles (140 mln. product units yearly, the output is 160 tones of fluid glass per day).  Two out of three planned autonomous lines have been installed. Modern production of glass packaging using Czech equipment will enable to produce glass bottles of 50 grams to 3 liters.

Unlike analogous productions this glass-works is equipped with the glass-furnace with the regeneration discharge hot gas and automatic control system. It allows using advanced resource-saving technologies and cutting edge Filter Entrapment System.

Now 86 people work at the glass-works, but when operating at full capacity, it will employ 600 workers. At the initial stage the backbone of the staff will be invited from Rostov Region who will teach workers from Kabardino-Balkaria.