IVANO-FRANKIVSK, Sept. 24 - Antonio Merloni (Italy) is intending to invest EUR40 million in the construction of a refrigerator plant in Ivano-Frankivsk, according to Halyna Rymaruk, the director of Ukrainian Home Appliances Ltd. (Ukrainska Pobutova Tekhnika) a 100% Italian-owned company.

According to Rymaruk, earlier Italian investors were mulling the construction of such plant in Belarus, but later they decided to construct it in Ivano-Frankivsk region, having received assurances from the local authorities over support and assistance.