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Cherepovets pipe-rolling plant launched funding campaign via ICO

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Reorganization of production with funds attracted through ICOUnique project of the enterprise from real sector of economy in crypto-currency.

Modernization of available and creation of new production in two most promising lines consisting of several stages and development vectors is carried out in the territory of production facilities of LLC “ChPRP” In the city of Cherepovets, Vologda Region.

Cherepovets pipe-rolling plant is going to attract investments by issue and sale of tokens with the help of the process called ICO (Initial coin offering). The token is called ZavodCoin (ZVD). Tokens will be offered WAVES platform.

ZavodCoin can be purchased with Bitcoin, Ethereum and bank payment in euro or dollars. Initial cost of 1 ZVD token makes 1$. ICO has already started on October, 13th, 2017 at 10:00 Moscow time (UTC) and will end at November, 16th at 23:00 Moscow time (UTC). Final quantity of tokens will be defined upon completion of the campaign, depending on amount of attracted means.

Roadmap of plant’s development, fundraising schedule and plans on modernization are presented at ICO website zavodcoin.com. You are welcome to visit plant’s website, cherepovec-tpz.ru, to learn about plant’s history, products, and implemented projects

About the plant

Cherepovets is the largest industrial city of Vologda region, enjoying favorable economic and geographical location and well-developed, extensive transport infrastructure, which is the key factor of economic development.

LLC “ChPRP” produces electric welded pipes, electric welded steel shapes of square, rectangular, semi-oval, flat-oval sections intended for production of furniture and metal structures of various purposes.

Director General of the plant is Smirnov Aleksander Valerianovich; more than 30 years of experience in management of pipe-rolling production.

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