KIEV, July 29 – The Bogdan Corporation has started forming a business plan for the construction of a shredder center aimed at quickly meeting a requirement of the law on the vehicle recycling tax passed by Parliament, under which automobile manufacturers can be exempted from paying the tax if they invest funds in the construction of shredder centers.

The spokesman of Bogdan Corporation, Serhiy Krasulia, told Interfax-Ukraine that the investment sum would be defined during the formation of the business plan.